ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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someone solve this but not use excel

3-82. Suppose that you have just borrowed $7,500 at 10% nominal interest compounded quar- terly. What is the total lump-sum, compounded amount to be paid by you at the end of a 6-year loan period?
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Transcribed Image Text:3-82. Suppose that you have just borrowed $7,500 at 10% nominal interest compounded quar- terly. What is the total lump-sum, compounded amount to be paid by you at the end of a 6-year loan period?
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