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Question - A document offers quarterly payments of $ 30,000, starting with the first payment on April 20, 2005 and ending on April 20, 2016. If you wish to change this document for another that stipulates quarterly payments of $ X beginning on April 20 2007 and ending on October 20, 2011. Find the value of the fee, assume a rate of 24%?

Reference no: EM132759563

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