Sam Rothstein wants borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded

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Sam Rothstein wants borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded quarterly. How much will his payment be?

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Practical Financial Management

ISBN: 978-1133593683

7th edition

Authors: William R. Lasher

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Question Posted: May 14, 2015 11:09 AM

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Sam Rothstein wants borrow $15,500 to be repaid in quarterly installments over five years at 16% compounded

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Practical Financial Management

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