What is the size of the equal payments if money is worth 8
Savona borrowed $7500 from her aunt today and has agreed to repay the loan in two equal payments to be made in one year and three years from now. What is the size of the equal payments if money is worth 8% compounded quarterly?
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savona borrowed 7500 from her aunt today and has agreed to repay the loan in two equal payments to be made in one year
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