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 3.9% compounded monthly.

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:42 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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Fundamentals Of Business Mathematics In Canada

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