A loan contract signed on Mar/06/2013 called for a payment of $300,000 on Oct/11/2014 and a second
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A loan contract signed on Mar/06/2013 called for a payment of $300,000 on Oct/11/2014 and a second payment of $700,000 on Feb/11/2018. What was the single equivalent amount for these two payments on Jul/11/16 calculate at an interest rate of 4.05% compounded monthly?
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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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