Mathematics, 05.11.2020 08:20 reecce2233

A friend wants to borrow money from you. He states that he will pay you 3300 every 6 months for 8 years with the first payment exactly 6 years and 6 months from today. The interest rate is an apr of 5.6 percent with semiannual compounding. What is the value of the payments today

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A friend wants to borrow money from you. He states that he will pay you 3300 every 6 months for 8 ye...

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