Mr bill s preston esq purchased a new house for 130000 he, Ask an Expert

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Mr. Bill S. Preston, Esq., purchased a new house for $130,000. He paid $30,000 down and agreed to pay the rest over the next 10 years in 10 equal end-of-year payments plus 8 percent compound interest on the unpaid balance. What will these equal payments be?

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Financial Management, Finance

Category:- Financial Management
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