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8:49 Done 5 of 5 Ms. Lisa Thomas borrows now at no $ 2.000.000 from a bank that charges an annual interest of 18% compounded

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8:49 Done 5 of 5 Ms. Lisa Thomas borrows now at no $ 2.000.000 from a bank that charges an annual interest of 18% compounded continuously. Ms. Thomas wants to pay back the loan with 5 equal quarterly payments. She wants to make the first payment (out of the total 5) immediately on receipt of $ 2.000.000 (at n-Cl. Successive payments are spaced 3 months apart. What interest rate you will use the value of i to be used in the formula) for computing the size of each of the five quarterly payments ? Please keep four digits after the decimal point for the interest rate calculated in decimal (not as a percentage). Please select one of the following values, which is closer to your answer (a) 0,0460 (b) 0.0422 Ic) 0.0450 ) What is the size of each of the five quarterly payments ? Please keep 2 digits after the decimal point for all dollar values and 4 digits after the decimal point for the interest values calculated in decimal and factor values Please choose one of the following values which is closer to your answer. =

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