Aleena rents a suite and pays $1150 in monthly rent in advance. What is the cash value

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Aleena rents a suite and pays $1150 in monthly rent in advance. What is the cash value of the property if money is worth 6.6% compounded monthly?
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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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