What single payment six months from now would be equivalent to payments of $500 due (but not

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What single payment six months from now would be equivalent to payments of $500 due (but not paid) four months ago, and $800 due in 12 months? Assume money can earn 7.5% compounded monthly.

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:23 AM

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What single payment six months from now would be equivalent to payments of $500 due (but not

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Business Mathematics In Canada

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