A debt of $8516.11 is repaid by payments of $1055.44 in 5 months, $938.83 in 13 months,

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A debt of $8516.11 is repaid by payments of $1055.44 in 5 months, $938.83 in 13 months, and the final payment in 30 months. If the interest was 4% compounded semi annually what was the amount of the final payment?

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Posted Date: Jun 19, 2022 12:52 AM

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A debt of $8516.11 is repaid by payments of $1055.44 in 5 months, $938.83 in 13 months,

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Debt 851611 z In 30 months paid will A ... View the full answer

Engineering Economic Analysis

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