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10) What amount can you borrow if you make seven semiannual payments of $3000 at an 8% annual rate of interest? (Use appropriate factor(s) from

10) What amount can you borrow if you make seven semiannual payments of $3000 at an 8% annual rate of interest? (Use appropriate factor(s) from the tables provided.) A) $19,320.00 B) $23,286.75 C) $26,768.40 D) $21,000.00 E) $18,006.30

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