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A debt of $9000 is to be amortized with 6 equal semiannualpayments. If the interest rate is 6%, compounded semiannually, whatis the size of each

A debt of $9000 is to be amortized with 6 equal semiannualpayments. If the interest rate is 6%, compounded semiannually, whatis the size of each payment? (Round your answer to the nearestcent.) 2 answers

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