A finance company is using the Money by Mail offer shown in Problem 7-43. Calculate the yearly

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A finance company is using the "Money by Mail" offer shown in Problem 7-43. Calculate the yearly nominal IRR received by the company if a customer chooses the $3000 loan but declines the credit insurance.

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Feb 25, 2010 02:16 AM

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A finance company is using the Money by Mail offer shown in Problem 7-43. Calculate the yearly

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3000 11890 PA i 36 PA i 36 3000118...View the full answer

Engineering Economics

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