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0 - 90678 - Financial Mathematics - 202009 - 001 How much interest is paid in total on a 1-year loan for $5000? The interest

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0 - 90678 - Financial Mathematics - 202009 - 001 How much interest is paid in total on a 1-year loan for $5000? The interest rate is 12% compounded monthly and the payments are made at the end of each quarter. Select one: o a. $291.80 o b. $384.41 c. $286.47 d. $511.24 e. $125.36 19 f dx ENG 6:56 PM 2020-12-0 hp)

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