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17. Irwin gets a small business loan of $90 000. He plans to pay back his loan by making equal semi-annual payments over 7 years
17. Irwin gets a small business loan of $90 000. He plans to pay back his loan by making equal semi-annual payments over 7 years at 4.3% per year compounded semi-annually. What is the total amount Irwin repays? 18. Jorge and Stephanie buy a house for $500 000 and make a down payment of 25%. They arrange a mortgage for the rest. How much is their mortgage
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