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A debt of $52000 with interest at 9.6% compounded quarterly is to be repaid by equal payments
at the end of every three months for five years. Calculate the size of the monthly payments,total
amount paid and cost of financing. PV=$V/=C/Y=i=n=PMT=$
ASSIGNMENT (PART-2) WEEK 10 wort... CN=1=n=PMT=$ 2 d.p. AMOUNT PAID =$ 2 d.p.
COST OF FINANCING =$

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A debt of $52000 with interest at 9.6 compounded quarterly is to be .pdf

  • 1. A debt of $52000 with interest at 9.6% compounded quarterly is to be repaid by equal payments at the end of every three months for five years. Calculate the size of the monthly payments,total amount paid and cost of financing. PV=$V/=C/Y=i=n=PMT=$ ASSIGNMENT (PART-2) WEEK 10 wort... CN=1=n=PMT=$ 2 d.p. AMOUNT PAID =$ 2 d.p. COST OF FINANCING =$