Harry and Potter bought a property by making semi-annual payments of $3210.00 for 8.5 years. If the first payment is due on the date of purchase and interest-is 8.53% compounded quarterly, what is...

Harry and Potter bought a property by making semi-annual payments of $3210.00 for 8.5 years. If<br>the first payment is due on the date of purchase and interest-is 8.53% compounded quarterly, what<br>is effective rate of interest for the property?<br>

Extracted text: Harry and Potter bought a property by making semi-annual payments of $3210.00 for 8.5 years. If the first payment is due on the date of purchase and interest-is 8.53% compounded quarterly, what is effective rate of interest for the property?

Jun 04, 2022

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Harry and Potter bought a property by making semi-annual payments of $3210.00 for 8.5 years. If the first payment is due on the date of purchase and interest-is 8.53% compounded quarterly, what is...

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