PVA_-_Solution

PVA_Solution - B Ltd got a mortgage from the bank of $500,000 with interest rate of 6 The mortgage must be repaid in equal installments every

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B Ltd got a mortgage from the bank of $500,000, with interest rate of 6%. The mortgage must be  repaid in equal installments every quarter for the next 25 years. What are the quarterly payments  that B Ltd must make?
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This note was uploaded on 01/18/2012 for the course MATH 135 taught by Professor Andrewchilds during the Fall '08 term at Waterloo.

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