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Business, 15.01.2022 08:30 shyanne9364

You are thinking about buying a piece of art that costs $50,000. The art dealer is proposing the following deal: He will lend you the money, and you will repay the loan by making the same payment every two years for the next 20 years (i. e., a total of 10 payments). If the interest rate is 4% per year, how much wil

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You are thinking about buying a piece of art that costs $50,000. The art dealer is proposing the fol...
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