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A debt of S41,000 is repaid over 12 years with payments occurring annually Interest is 12% compounded semi-annually (a) What is the size of the

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A debt of S41,000 is repaid over 12 years with payments occurring annually Interest is 12% compounded semi-annually (a) What is the size of the periodic payment? (b) What is the outstanding principal after payment 67 es (c) What is the interest paid on payment 7? (d) How much principal is repaid in payment 7

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