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You are considering lending some money to a company that offers to make semiannual payments of $4,000 to you for thirty years and then pay
You are considering lending some money to a company that offers to make semiannual payments of $4,000 to you for thirty years and then pay you $100,000 at the end of the thirtieth year. How much would you lend to this company if a. you required an APR of ten percent compounded semiannually? b. you required an APR of six percent compounded semiannually? C. you required an APR of eight percent compounded semiannually
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