A debt of $800 accumulates interest at 10% compounded semi-annually from February 1, 2017, to August 1,

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A debt of $800 accumulates interest at 10% compounded semi-annually from February 1, 2017, to August 1, 2019, and 11% compounded quarterly thereafter. Determine the accumulated value of the debt on November 1, 2022.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:47 AM

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A debt of $800 accumulates interest at 10% compounded semi-annually from February 1, 2017, to August 1,

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Debt value August 1 2019 PV 80000 I Y 10 C Y 2 i 102 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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