A company has borrowed $50,000 from a bank at an effective rate of interest of 7%. Calculate
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A company has borrowed $50,000 from a bank at an effective rate of interest of 7%. Calculate the size of the payment at the end of every six months that will settle the loan in five years.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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