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6 of 15 (10 complete) A construction company signed a loan contract at 6.17% compounded annually, with the provision to pay $730 at the end
6 of 15 (10 complete) A construction company signed a loan contract at 6.17% compounded annually, with the provision to pay $730 at the end of each month for four years (a) What is amount of the loan? (b) How much will be owed at the end of seventeen months? (c) How much of the principal will be repaid within the first seventeen months? (d) How much interest is paid during the first seventeen months? (a) The amount of the loan is (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (b) The amount owed at the end of seventeen months is (Round the final answer to the nearest cent as needed. Round all intermediate values to Sox decimal places as needed) (c) The amount of principal repaid is si (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed) (d) The interest paid is $ (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed.)
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