A lease of $9,200 had to be repaid with payments of $325 at the beginning of every

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A lease of $9,200 had to be repaid with payments of $325 at the beginning of every quarter. The interest rate charged was 5.50% compounded quarterly.

How many payments are required to repay the debt?

Posted Date: Apr 03, 2022 09:57 AM

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A lease of $9,200 had to be repaid with payments of $325 at the beginning of every

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the service lease9200 payment of 32... View the full answer

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