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Solution Manual For Mathematics Of Investment And Credit, 5th Edition

Master your textbook with Solution Manual For Mathematics Of Investment And Credit, 5th Edition, offering detailed solutions to every question.

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LeI>|©3=1)HAPTER6JLomyw|CHAPTER1SECHOT6.4voeoeeerereressssesssrsivssseeneesessessessissssssssssmssensinensesses120|CHAPTER7;LOSv{||SECTION1.1SECHOD7.2ooevrroererseeesseresesosssssensersensesssssssssssssssssmmsssesssssneees133ee:1.1.1Balancesare10,000(1.04)=10,400afteroneyear,CHAPTER8]:.14110,000(1.04)*=10,816after2years,andSECHOM8.1coovvireeerereevcusessseareessesreerrasansss.Section8.2AA8.3wevrvreerresrssssressmsesmssesessssereresssssessssesssseninnes14210,000(1.04)°=11,248.64after3years.SECHONBibrrrInterestamountsare400attheendofthe1%year,416attheend:ofthe2"year,and432.64attheendofthe3year.CHAPTER9SECHOR9.1ooeeeooerrsreeeeseresesesssnsesenesisessnsseneesssssesssssnicsinnianss145|Section9.2ANd9.3everest1!1.12(a)2500[1+(.04)(10)]=3500HON91oveeeeresessseesessemenssesrassrarereterssansa:Section(5)2500(1.04)'°=3700.61’|(cy250001.02)*=3714.87:(d)25000.00)%=3722.16.1.13Balanceafter12monthsis10,000(1.01)1.0075)"=11,019.70.:Averagemonthlyinterestrateisj,where:10,0000+7)=11,019.70..Solvingforjresultsin0081244..A,

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Mathematics Of Investment And Credi...

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