After putting $30,000 down on a piece of property, a woman began paying $7,500 a quarter for
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After putting $30,000 down on a piece of property, a woman began paying $7,500 a quarter for twelve years. Given 3.75% APR compounded quarterly, how much would the property cost if the woman had paid for it all in cash?
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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