Business, 19.02.2020 18:05, OliTepley5966
You are thinking about buying a piece of art that costs $ 20 comma 000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 30 years (i. e., a total of 15 payments). If the interest rate is 7 % per year, how much will you have to pay every two years?
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You are thinking about buying a piece of art that costs $ 20 comma 000. The art dealer is proposing...
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