If money is worth 14%, what payment on August 29 would be equal in value to a payment of $86,900 due on January 31 of the following year? Round to the nearest dollar.
If money is worth 14%, what payment on August 29 would be equal in value to a payment of $86,900 due on January 31 of the following year? Round to the nearest dollar.
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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If money is worth 14%, what payment on August 29 would be equal in value to a payment of $86,900 due on January 31 of the following year? Round to the nearest dollar.
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