Solution-How much would linus have to pay each year

How much would linus have to pay each year

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Reference no: EM131105535

1. Linus, Inc. owes $30,000 to Peanuts Company. How much would Linus have to pay each year if the debt is retired through four equal payments (made at the end of the year), given an interest rate on the debt of 12%? (Round to two decimal places)

Reference no: EM131105535

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How much would linus have to pay each year

Reference no: EM131105535

Reference no: EM131105535

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