document.write( "Question 1135949: At an opening sale you buy a refrigerator for which you have to pay R4 000 in a year’s time. Six months
\n" ); document.write( "later you receive a bonus of R2 500 and immediately use it as a payment on the refrigerator. The payment
\n" ); document.write( "receives interest at a rate of 9% per year, compounded quarterly. \n" ); document.write( "
Algebra.Com's Answer #753667 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
not sure what you're looking for, but my calculations show that you owe $1,758.57 at the end of year.\r
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\n" ); document.write( "\n" ); document.write( "if you're looking to see how much more additional payments you have to make each quarter, that's something else.\r
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\n" ); document.write( "\n" ); document.write( "my calculation show that the additional payhment you have to make each quarter is $425.08.\r
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\n" ); document.write( "\n" ); document.write( "i used excel to make this calculation.\r
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\n" ); document.write( "\n" ); document.write( "here's what the excel spreadsheet looks like.\r
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\n" ); document.write( "\n" ); document.write( "any questions, email dtheophilis@gmail.com\r
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