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10 Find interest rate PV N = 30 years, quarterly payments Interest rate compounded quarterly 1,200,000 PMT = -110,000 FV = 0 Compute annual interest

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10 Find interest rate PV N = 30 years, quarterly payments Interest rate compounded quarterly 1,200,000 PMT = -110,000 FV = 0 Compute annual interest rate (%) Round to 4 decimal places 11 Find payment = N = 30 years, monthly payments Interest rate 9%, compounded monthly PV 1,500,000 FV = 0 Compute PMT Round to 2 decimal places

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