Semiannual payments of $3874.48 are made on a $50,000 loan at 6.5% compounded semiannually. How long will

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Semiannual payments of $3874.48 are made on a $50,000 loan at 6.5% compounded semiannually. How long will it take to pay off the loan?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:02 AM

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Semiannual payments of $3874.48 are made on a $50,000 loan at 6.5% compounded semiannually. How long will it take to pay off the loan?
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Semiannual payments of $3874.48 are made on a $50,000 loan at 6.5% compounded semiannually. How long will

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Given PV 50000 PMT 387448 i 6...View the full answer

Business Mathematics In Canada

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