Question
You just signed a promissory note agreeing to pay the bank $5,600 every six months and $160,000 at the end of 8 years. The bank
You just signed a promissory note agreeing to pay the bank $5,600 every six months and $160,000 at the end of 8 years. The bank charges 6 percent annual interest. How much money will you receive today?
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Integrated Accounting For Windows
Authors: Dale A. Klooster, Warren Allen
6th Edition
0324664850, 9780324664850
