A debt of $8000 is payable in 7 years and 5 months. Determine the accumulated value of

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A debt of $8000 is payable in 7 years and 5 months. Determine the accumulated value of the debt at 10.8% p.a. compounded annually.

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Question Posted: Feb 26, 2016 03:47 AM

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A debt of $8000 is payable in 7 years and 5 months. Determine the accumulated value of

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PV 800000 I Y 108 C Y 1 108 0...View the full answer

Contemporary Business Mathematics with Canadian Applications

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