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A demand loan of ?$7000.00 is repaid by payments of ?$3000.00after two ?years, ?$3000.00 after four ?years, and a final paymentafter eight years. Interest is

A demand loan of ?$7000.00 is repaid by payments of ?$3000.00after two ?years, ?$3000.00 after four ?years, and a final paymentafter eight years. Interest is ?8% compounded semi-annually 2 answers

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