You are thinking about buying a piece of art that costs $20,000. The art dealer is proposing
Question:
You are thinking about buying a piece of art that costs $20,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 30 years (i.e., a total of 15 payments). If the interest rate is 6%
per year, how much will you have to pay every two years?
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To calculate the equal payment that needs to be made every two year...View the full answer
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Cyrus Sandoval
I a web and systems developer with a vast array of knowledge in many different front end and back end languages, responsive frameworks, databases, and best code practices. My objective is simply to be the best web developer that i can be and to contribute to the technology industry all that i know and i can do. My skills include:
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I’ve worked on countless freelance projects and have been involved with a handful of notable startups. Also while freelancing I was involved in doing other IT tasks requiring the use of computers from working with data, content creation and transcription.
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