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A debt of $ 5 2 0 0 0 with interest at 9 . 6 % compounded quarterly is to be repaid by equal payments
A debt of $ with interest at compounded quarterly is to be repaid by equal payments at the end of every three months for five years. Calculate the size of the monthly payments,total amount paid and cost of financing.
PV $
IY
CY
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n
PMT $
dp
AMOUNT PAID $
dp
COST OF FINANCING $
dp
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