Mae is due to make a payment of $1300 now. Instead, she has negotiated two equal payments, one year and two years from n
Posted: Wed Jul 06, 2022 11:56 am
Mae is due to make a payment of $1300 now. Instead, she has negotiated two equal payments, one year and two years from now. Determine the size of the equal payments if money is worth 8% compounded quarterly.