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a debt of 38,000 is repaid over 12 years with payments occuring monthly. interest is 11% compounded semi-annually. (a) What is the size of the

a debt of 38,000 is repaid over 12 years with payments occuring monthly. interest is 11% compounded semi-annually.

(a) What is the size of the periodic payment?

(b) What is the outstanding principal after payment 83?

(d) How much principal is repaid in payment 84?

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