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A borrower had a loan of $50,000 at 4% compounded anually , with 7 annual payments . Suppose the borrower paid off the loan after
A borrower had a loan of $50,000 at 4% compounded anually , with 7 annual payments . Suppose the borrower paid off the loan after 4 years. calculate the amount needed to pay off the loan. 
The amount needed to pay off this loan after 4 years is $ (Round to the nearest cent as needed.) Step by Step Solution
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
0470876883, 978-0470876886
