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Business-Mathematics Questions
Given Principal $10,000, Interest Rate 8%, Time 240 days (use ordinary interest)
A demand loan of $6000.00 is repaid by payments of $3000.00 after two years, $3000.00 after four years, and a final payment after eight years. Interest is 5% compounded semi-annually for the first two years, 6% compounded annually for the next two years,
business mathematics assignment
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