Land is purchased for 75000 it is agreed for the land to be


Which each successive payment is to be 20% less than the previous payment.

Land is purchased for 75000. It is agreed for the land to be paid for over a 5 year period with compounding annual interest at 12%. Each payment is 3000 more than the previous. What is the size of the last payment?

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Financial Management: Land is purchased for 75000 it is agreed for the land to be
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