CONTEMP. FINANCIAL MGT.-W/MINDTAP V3
CONTEMP. FINANCIAL MGT.-W/MINDTAP V3
14th Edition
ISBN: 9780357292839
Author: MOYER
Publisher: CENGAGE L
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Chapter 5, Problem 6QTD
Summary Introduction

To discuss: The effect more frequent compounding on the present values.

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if the car coast $28,000 and the intrest rates is 12% and term of payment is for six (6) years. how much would it coast you to buy this car?
if the car cost $30,000 and the intrest rates is 14% and term of the mayments is for 6 years. cacurate the total amount you would pay at the end of six years.
why all of you solving using assumptions data i will give unhelpful all of you.
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