13. A man. has the accompanying obligations extraordinary: (a) 10 yearly home loan installments of...
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Accounting
13. A man. has the accompanying obligations extraordinary: (a) 10 yearly home loan installments of $1,000, (b) 12 regularly scheduled installments of $100 on his auto, (c) a bill for $2,000 due in two years, (d) a bill for $1,000 due today. Utilizing a yearly loan cost of 12% (ostensible rate on the auto credit and compelling rate on any remaining obligations), decide the yearly sum important to resign the whole obligation in 15 years
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