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Baradar Baradar
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A year ago
Quarterly payments of $3000 are required on an $80,000 loan at 8.0% compounded quarterly.


a) Calculate the interest component of Payment 30.
b) Calculate the principal component of Payment 9.
c) Calculate the final payment.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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doublekuddoublekud
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A year ago
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