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A $25,000 loan at 15% compounded quarterly is to be repaid by 60 equal quarterly payments. The first payment is due two years after the

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A $25,000 loan at 15% compounded quarterly is to be repaid by 60 equal quarterly payments. The first payment is due two years after the date of the loan. What is the size of the quarterly payment? TT T Arial 3 (12) T-EE 33 Show all A $25,000 loan at 15% compounded quarterly is to be repaid by 60 equal quarterly payments. The first payment is due two years after the date of the loan. What is the size of the quarterly payment? TT T Arial 3 (12) T-EE 33 Show all

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