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Mathematics, 23.03.2020 07:28 lackin2056
Joel’s furniture had a financial agreement whereby two payments were required; $14000 in 8 months and $15000 in 14 months. Instead of these two payments, a single payment of $29000 could be made. If money is worth 10% compounded monthly, when would the single payment have to be made?
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Joel’s furniture had a financial agreement whereby two payments were required; $14000 in 8 months an...
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