How much money would he have to pay rebecka, Financial Accounting

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How much money would he have to pay rebecka

Problem

Adrian borrowed money from Rebecka and agreed to pay back $800 today and $900 in 8 years. If Adrian has a lot of money available now and wants to pay back the ban today, how much money would he have to pay Rebecka if the loan was at 4 50% compounded monthly?

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Financial Accounting: How much money would he have to pay rebecka

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Financial Accounting: How much money would he have to pay rebecka

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