How much interest is included in the accumulated value of $3200 paid at the end of every

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How much interest is included in the accumulated value of $3200 paid at the end of every six months for four years if the interest rate is 6.5% compounded semi-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 03:58 AM

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How much interest is included in the accumulated value of $3200 paid at the end of every

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PMT 320000 i 325 n 8 Total paid 320000 8 ...View the full answer

Contemporary Business Mathematics with Canadian Applications

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