The sale of a property provides for payments of $6000 due at the beginning of every three
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The sale of a property provides for payments of $6000 due at the beginning of every three months for five years. If the payments are deferred for two years and interest is 9% compounded monthly, what is the cash value of the property?
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Related Book For
Contemporary Business Mathematics With Canadian Applications
ISBN: 9780135285015
12th Edition
Authors: Ali R. Hassanlou, S. A. Hummelbrunner, Kelly Halliday
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