1 if you were to borrow 9600 over five years at 014, Financial Accounting

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1 if you were to borrow 9600 over five years at 014

1) If you were to borrow 9,600 over five years at 0.14 compounded monthly, what would be your monthly payment?

2) your uncle promises to give you $600 per quarter for the next five years. How much is his promise worth right now if the interest rate is 0.05 compounded quarterly

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Financial Accounting: 1 if you were to borrow 9600 over five years at 014

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Financial Accounting: 1 if you were to borrow 9600 over five years at 014

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