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18. You have just obtained a 6-year pure discount loan in the amount of $275,000 at 5.78 percent interest, compounded semiannually. What amount will you

18. You have just obtained a 6-year pure discount loan in the amount of $275,000 at 5.78 percent interest, compounded semiannually. What amount will you have to repay at the end of the six years?

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