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    Exam 7: Applications of Simple Interest
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    A Contract Requires Payments of $750 in 100, and 200
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A Contract Requires Payments of $750 in 100, and 200

Question 92

Question 92

Short Answer

A contract requires payments of $750 in 100, and 200 days. What is the value of the contract today if the payments are discounted to yield 7.5%?

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