Asim bought a cottage property near lake Huron for quarterly payments of $2470.00 for 18 years. If the first payment was made on the date of purchase and interest is 3.57% compounded annually, what...


Asim bought a cottage property near lake Huron for<br>quarterly payments of $2470.00 for 18 years. If the<br>first payment was made on the date of purchase and<br>interest is 3.57% compounded annually, what was the<br>purchase price of the property?<br>O $133 352.89<br>$135 352.89<br>O $137 352.89<br>$131 352.89<br>

Extracted text: Asim bought a cottage property near lake Huron for quarterly payments of $2470.00 for 18 years. If the first payment was made on the date of purchase and interest is 3.57% compounded annually, what was the purchase price of the property? O $133 352.89 $135 352.89 O $137 352.89 $131 352.89

Jun 09, 2022
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