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A loan of $32,600.00 at 6.00% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled

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A loan of $32,600.00 at 6.00% compounded semi-annually is to be repaid with payments at the end of every 6 months. The loan was settled in 6 years. a. Calculate the size of the periodic payment. $3,065.36 $3,888.43 $3,275.06 $3,523.32 b. Calculate the total interest paid. $6,700.72 $39,300.72 $3,425.66 $9,975.78

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