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Author Question: Leon's has a "Don't Pay For One Year" event on right now at the store, so you purchase an Italian, ... (Read 64 times)

Zoey63294

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on: Apr 25, 2021
Leon's has a "Don't Pay For One Year" event on right now at the store, so you purchase an Italian, hand-stitched leather sofa. You will pay $1,267.99 for the sofa in one year. Leon's charges 18% annual interest compounded monthly on overdue payments. If you forget and don't pay for the sofa until 6 months after payment is due, how much will you pay for the sofa at that time?
◦ $1,386.48
◦ $1,516.03
◦ $1,657.70
◦ $1,452.06
◦ $1,377.39
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by Zoey63294 on Apr 25, 2021

asware1

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Reply #1 on: Apr 25, 2021
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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Zoey63294

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Reply 2 on: Apr 25, 2021
Excellent

scottmt

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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