Question: A contract can be fulfilled by making an immediate payment of S19 500 or equal payments at the end of every six months for 12
A contract can be fulfilled by making an immediate payment of S19 500 or equal payments at the end of every six months for 12 years. What is the size of the semi-annually payments at 75% compounded somi-annually? BER The payment is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
