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A 15-year loan requires monthly payments of $587.33 including interest at 7.4% compounded semi annually. What is the balance on the loan after half of

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A 15-year loan requires monthly payments of $587.33 including interest at 7.4% compounded semi annually. What is the balance on the loan after half of the payments have been made? FI TI Select one: O a. 49545.22 b. 40,628.39 O G. 48966.24 O d. 40473.25 e. None of them

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