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A debt of $4,000 is to be paid off with 6 equal semiannual payments. If the interest rate is 11% compounded semiannualy, what is
A debt of $4,000 is to be paid off with 6 equal semiannual payments. If the interest rate is 11% compounded semiannualy, what is the size of the payment? Round to 2 decimal places. The semiannual payment would be $ I
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