Homework Answers
1.
=(5100/2200)^(1/11)-1=7.94318463160588%
2.
=25000*(1+6%/12)^(12*2)-25000*(6%/12)/(1-1/(1+6%/12)^(12*4))*1/(6%/12)*((1+6%/12)^(12*2)-1)=13247.2392155716
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