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rosenrot rosenrot
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A year ago
A loan of $45,000 at 8% compounded quarterly is to be amortized over four years with equal payments made at the end of every three months. How much interest will be paid over the entire amortization period?

▸ $8,028

▸ $6,062

▸ $5,013

▸ $6,692

▸ $10,800
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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astroasisastroasis
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