What price will a finance company pay for a conditional sale contract requiring 15 monthly payments of $250.50, if the c

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answerhappygod
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What price will a finance company pay for a conditional sale contract requiring 15 monthly payments of $250.50, if the c

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What price will a finance company pay for a conditional salecontract requiring 15 monthly payments of $250.50, if the companyrequires a rate of return of 21% compounded semiannually? The firstpayment is due one month from now
Please solve this by formula and ba calculator and providecommands too.
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