A woman paid $90,000 down for a house and agreed to pay 18 quarterly payments of $4500

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A woman paid $90,000 down for a house and agreed to pay 18 quarterly payments of $4500 each. If money is worth 4%, compounded quarterly, how much would the house have cost if she had paid cash?

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 05:47 AM

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A woman paid $90,000 down for a house and agreed to pay 18 quarterly payments of $4500

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R 4500 n 18 i 004 4 001 569668...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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