question archive A property was purchased for ?$7640
A property was purchased for ?$7640
Subject:FinancePrice:2.86 Bought5
A property was purchased for ?$7640.00 down and payments of ?$867.00 at the end of every six months for 10 years. Interest is 6% per annum compounded quarterly. What was the purchase price of the? property? How much is the cost of? financing?
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