In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6%interest rate compounded

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In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6%interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 30, 2013 09:05 AM

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In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6%interest rate compounded

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