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5. An amortized loan lasting n interest periods has level payments of P at the end end of each m-th of an interest period. The

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5. An amortized loan lasting n interest periods has level payments of P at the end end of each m-th of an interest period. The effective interest rate per interest period is i. (a) [8 points) Show that for 0 skis (mn-1), the interest at time titull is P(1 v-). (b) (7 points) Lett be a positive integer that satisfies 0

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