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Compusystems was supposed to pay a manufacturer 19000 on a

CompuSystems was supposed to pay a manufacturer $19000 on a date 4 months ago. CompuSystems is proposing to pay $10000 today and the balance in 5 months , when it will receive payment on a major slaw to the government. Assuming that the manufacturer requires 18% per year compounded monthly on overdue accounts. What should the second payment be?

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Business Economics: Compusystems was supposed to pay a manufacturer 19000 on a

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