The Winter 2024 fashion scene has influ ced you to by some Totome boots for $815.20. A friend buys the boot for you in Cash today, And then you agree to pay your friend $326.08 in 55 months And a final payment of $ 504.00. If your Friend lends you the Money at 2.20% compouded semi annually, In How Many months From today should your final payment be made to pay off the Boots ? Solve for the Equated Date using a timeline

The Winter 2024 fashion scene has influ ced you to by some Totome boots for $815.20. A friend buys the boot for you in Cash today, And then you agree to pay your friend $326.08 in 55 months And a final payment of $ 504.00. If your Friend lends you the Money at 2.20% compouded semi annually, In How Many months From today should your final payment be made to pay off the Boots ? Solve for the Equated Date using a timeline

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

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