Mathematics, 11.11.2020 01:20 Bukdom

A student owes $400 in 3 months and $500 in twelve months. What single payment now will repay these debts if the interest rate is 12% compound quarterly for the first 6 months and 10% compound monthly afterwards?

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A student owes $400 in 3 months and $500 in twelve months. What single payment now will repay these...

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