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Author Question: A fund to provide an annual scholarship of $5700.00 is to be set up. If the first payment is due in ... (Read 90 times)

laurencescou

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on: Jun 6, 2019

Question 1

Geomax pays $8710.00 at the beginning of each year for using a tract of land. What should the company offer the property owner as a purchase price if interest is 10.18% compounded annually?

Question 2

A fund to provide an annual scholarship of $5700.00 is to be set up. If the first payment is due in three years and interest is 6.4% compounded quarterly, what sum of money must be deposited in the scholarship fund today?
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by laurencescou on Jun 6, 2019

jaygar71

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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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laurencescou

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Reply 2 on: Jun 6, 2019
Thanks for the timely response, appreciate it

marict

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Reply 3 on: Yesterday
Wow, this really help

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