Longcore Technologies has to settle a business loan of $80,000, which has an interest rate of 12%
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Longcore Technologies has to settle a business loan of $80,000, which has an interest rate of 12% compounded semi- annually. The settlement will consist of semi-annual payments of $20,000 (with the first payment being made six months from now). How many payments will it take to settle the loan?
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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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