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Asked by Anonymous

R=12000(0.07)/(1+0.07)^7-1
14 years ago

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Answered by drwls


Is the denominator [(1+0.07)^7-1] ?

If so,

R = 840/0.60578 = ____
14 years ago
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R=12000(0.07)/(1+0.07)^7-1

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