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1) your company is planning to borrow $3000 on a 30 year, 4%, semi-annual payment, fully amortized term loan. what should be the interest amount
1) your company is planning to borrow $3000 on a 30 year, 4%, semi-annual payment, fully amortized term loan. what should be the interest amount if the payment of the last period?
2)if you invest $8,000 at 9% continuously compounded for 5 years, how much would you receive at the end of 5 years?
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