Solution-What is the size of each payment

What is the size of each payment

Reference no: EM133117707

Question - A loan of $56000 is to be repaid at 9% compounded annually by making payments at the end of the next 10 quarters. Each of the last 6 payments are twice as much as the first 4 payments. What is the size of each payment?

Reference no: EM133117707

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What is the size of each payment : A loan of $56000 is to be repaid at 9% compounded annually by making payments at the end of the next 10 quarters. What is the size of each payment

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What is the size of each payment

Reference no: EM133117707

Reference no: EM133117707

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