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1. Mr. X borrowed $100,000 to be paid in three years. The loan payments are semiannual with the first payment due in six months, and

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1. Mr. X borrowed $100,000 to be paid in three years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. What is the amount of each payment? 2. Ms. Y wishes to know how much she should set aside now at 7% interest in order to accumulate a sum of $6,000 in 4 years What table should she use

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