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A company financed the purchase of a machine with a loan at 2.25% compounded quarterly .this loan would be settled by making payment of $9000

A company financed the purchase of a machine with a loan at 2.25% compounded quarterly .this loan would be settled by making payment of $9000 at the end of every quarter for 8 years .what was the principal balance of the loan what was the total amount of interest charged on the loan

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