An item can be purchased for 4,500 or for 1,500 down payment and installment payment of 115 every six months for 15 years. Find the interest rate compounded semi-annually
An item can be purchased for 4,500 or for 1,500 down payment and installment payment of 115 every six months for 15 years. Find the interest rate compounded semi-annually
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 5P
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An item can be purchased for 4,500 or for 1,500 down payment and installment payment of 115 every six months for 15 years. Find the interest rate compounded semi-annually
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