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Author Question: An investment in a lease offers returns of $3713 per month due at the beginning of each month for ... (Read 108 times)

Ebrown

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on: Jun 6, 2019

Question 1

Paul intends to retire in 15 years and would like to receive $8000.00 every 6 months for 20 years, starting on the date of his retirement. How much must he deposit in an account today if interest is 5% compounded semi-annually?

Question 2

An investment in a lease offers returns of $3713 per month due at the beginning of each month for 4.5 years. What investment is justified if the returns are deferred for two years and the interest required is 6.12% compounded monthly?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by Ebrown on Jun 6, 2019

cadimas

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Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Ebrown

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Reply #2 on: Jun 6, 2019
Excellent


cadimas

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Reply #3 on: Jun 6, 2019
Great! Please up vote :D


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