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A loan of $32,050.00 at 3.50% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled
A loan of $32,050.00 at 3.50\% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled in 5 years. a. Calculate the size of the periodic payment. $3,228.41$3,853.74$3,521.50$3,879.91 b. Calculate the total interest paid
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