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10 points) A loan is being repaid with installments of $500 at the end of each quarter for 10 years at 5% convertible quarterly. Find
10 points) A loan is being repaid with installments of $500 at the end of each quarter for 10 years at 5% convertible quarterly. Find the amount of principal in the 6 th instalment. A. $80.93 B. \$ 184.97 C. $129.48 D. \$323.7 E. \$ 485.55
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