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17. Jane Bowen received $16600.00 from her parents to finance her graduate studies. Jane promised to make equal payments at the end of each month

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17. Jane Bowen received $16600.00 from her parents to finance her graduate studies. Jane promised to make equal payments at the end of each month for 6 years. The payments are deferred for 3 years and interest is 8.12% compounded semi-annually. What is the size of the monthly payments

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