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April 18, 2014

April 18, 2014

Posted by **kerry** on Monday, October 8, 2012 at 10:38pm.

the answer is $614.67, but im not sure how to get that!

- college math -
**Reiny**, Monday, October 8, 2012 at 10:49pmi = .0675/4 = .016875

present obligation

= 400 + 300(1.016875)^-20 = 614.67

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