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a loan of 4400 is to be repaid with semiannual payments for 5 years at 11.6% interest compounded semiannually . calculate the semiannual payment. round

a loan of 4400 is to be repaid with semiannual payments for 5 years at 11.6% interest compounded semiannually . calculate the semiannual payment. round to nearest cent

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