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Mathematics, 12.06.2020 11:57 lyn94

Determine the quarterly payment necessary to repay a loan of $25,000. The interest is computed at the rate of 12% per year computed quarterly. Assume that the loan is to be repaid in 10 years. How much interest will be paid over 10 year period?

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Determine the quarterly payment necessary to repay a loan of $25,000. The interest is computed at th...
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