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Mathematics, 30.01.2022 03:50 amortegaa805

Andy needs a loan that he will not have to pay back for 3 years. The interest rate for the loan is 7.5% compounded quarterly. On the maturity date, wants Andy to make a single
payment of no more than $12000. What is the most Andy can borrow?

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Andy needs a loan that he will not have to pay back for 3 years. The interest rate for the loan is...
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