Mathematics, 11.02.2021 09:40, cody4976
owes $5700 due in 4 years and $8500 due in 7 years. He and his creditor agreed to settle the debts by 2 equal payments one in 5 years and the other in 10 years. Find the size of each payment if money is worth 6% compounded semi- annually?
Answers: 1
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owes $5700 due in 4 years and $8500 due in 7 years. He and his creditor agreed to settle the debts b...
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