Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 56SE: To get the best loan rates available, the Riches want to save enough money to place 20% down on a...
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Identify the present value.
1. Annual payment of 20,500 pesos with interest rate of 8.5% compounded semi-annually for 3 years.
2. Semi-annual payments of 150,00 pesos with interest rate of 8% compounded annually for 10 years.
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