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You take out a 5-year loan from the bank to buy new furniture. You will make $1,000 payments every 6 months. If money is worth
You take out a 5-year loan from the bank to buy new furniture. You will make $1,000 payments every 6 months. If money is worth 8% compounded daily, how much was your loan?
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Financial Accounting For Managers
Authors: Sanjay Dhamija
3rd Edition
9789352868339
