Mathematics, 25.02.2021 21:10 brayann5761
The owner of a roller skating rink plans to buy new equipment in four years. The new equipment has a cost of %85,000. She believes she can earn 10% interest compounded quarterly. Find the amount of each quarterly payment needed. Use the factor 0.05160, which corresponds with 2.5% interest over 16 periods.
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The owner of a roller skating rink plans to buy new equipment in four years. The new equipment has a...
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