If time 0= 14,000 and the first payment isn't due for 6 months what would the formula
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If time 0= 14,000 and the first payment isn't due for 6 months what would the formula be to calculate an annuity with an opening balance before the regular semi-annual payments start?
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
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