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3. A debt of $13,800 with interest at 4% compounded semi-annually is repaid by payments of $1,950 made at the end of every 3 months.

3. A debt of $13,800 with interest at 4% compounded semi-annually is repaid by payments of $1,950 made at the end of every 3 months. Construct an amortization schedule showing the total paid and the total cost of the debt

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