Robert is repaying a debt with 17 annual payments of 1300 dollars each, the first coming a year from now At the end of the 4th year, he makes an extra payment of 2600 dollars He then shortens his remaining payment period by 2 years, and makes level payments over the remaining time If the effective...

Total payment Number of payments Amount per payment Total payment 17 years 1300year 22100 Present va ...

Robert is repaying a debt with 17 annual payments of 1300 dollars each, the first coming...

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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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Posted Date: Mar 28, 2024 06:28 AM

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Robert is repaying a debt with 17 annual payments of 1300 dollars each, the first coming...

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Contemporary Business Mathematics with Canadian Applications

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