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Business, 06.06.2020 18:58 sman091305

g You are taking a $5,477 loan. You will pay it back in four equal amounts, paid every 6 months, with the first payment occurring 5 years from now (the payments begin after 5 years). The annual interest rate is 14% compounded semiannually. Calculate the amount of each semiannual payment.

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g You are taking a $5,477 loan. You will pay it back in four equal amounts, paid every 6 months, wit...
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