A debt of $52000 with interest at 9 6% compounded quarterly is to be repaid by...

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A debt of $52000 with interest at 9 6% compounded quarterly is to be repaid by equal payments at the end of every three months for five years. Calculate the size of the monthly payments, total amount paid and cost of financing PV -5 2 dp. PMT S 2dp AMOUNT PAID $ 2 dp COST OF FINANCING S A debt of $52000 with interest at 9 6% compounded quarterly is to be repaid by equal payments at the end of every three months for five years. Calculate the size of the monthly payments, total amount paid and cost of financing PV -5 2 dp. PMT S 2dp AMOUNT PAID $ 2 dp COST OF FINANCING S

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1 pv 52000 IVY 0096 C... View the full answer