Homework Answers
total months = 3 * 12 = 36 months
i = 0.75% per month
F = P *(1+i)^t
P = 2800 / (1+0.0075)^36
= 2800 / (1.0075)^36
= 2800 / 1.308645
= 2139.62
CFD
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