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ASAP please:) , final answer only no explanation :) direct thumps up :) Sami wants to...
ASAP please:) , final answer only no explanation :) direct thumps up :)
Sami wants to purchase a car and he needs to borrow $60,000 to be paid off in equal annual payments over 10 years period. The interest rate is 12% compounded monthly. The expected annual inflation rate is 5% for the following 20 years. What is the constant dollar value of the payment at end of year 4. Answers: A)13,270.19 B)8,981.79 C)10,917.42 D)7,131.28
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ASAP please:) , final answer only no explanation :) direct thumps up :) Sami wants to...
ASAP please:) , final answer only no explanation :) direct
thumps up :) Sami wants to purchase a car and he needs to borrow
$60,000 to be paid off in equal annual payments over 10 years
period. The interest rate is 12% compounded monthly. The expected
annual inflation rate is 5% for the following 20 years. What is the
constant dollar value of the payment at end of year 4. Answers:
A)13,270.19 B)8,981.79 C)10,917.42 D)7,131.28
Sami wants to purchase a car and he needs to borrow $60,000 to be paid off...
Sami wants to purchase a car and he needs to borrow $60,000 to
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constant dollar value of the payment at end of year 4. Answers:
A)13,270.19 B)8,981.79 C)10,917.42 D)7,131.28
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