4. The sale of a property provides for payments of $6,000 due at the beginning of every three months for five years.If t
Posted: Tue Nov 16, 2021 8:23 am
4. The sale of a property provides for payments of $6,000 due at the beginning of every three months for five years.If the payments are deferred for two years and interest is 9% compounded monthly, what is the cash value of the property? (6 marks). (use calculator to solve if needed instead of formulas.)