What equal payments in 3 years and 5 years would replace payments of 37 500...
50.1K
Verified Solution
Link Copied!
Question
Basic Math
What equal payments in 3 years and 5 years would replace payments of 37 500 and 80 000 in 7 years and 8 years respectively Assume money can earn 3 30 compounded quarterly
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!