Give settings or statements to determine the solution with TVM Solver, Excel, or Wolfram|Alpha. Data in Exercise

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Give settings or statements to determine the solution with TVM Solver, Excel, or Wolfram|Alpha.


Data in Exercise 4

A loan of $3000 is to be repaid with semiannual payments for 4 years at 4.8% interest compounded semiannually. Calculate the semiannual payment.  

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Finite Mathematics And Its Applications

ISBN: 9780137616619

13th Edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons

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