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A loan of $9,000 is repaid by payments of $451 at the end of every three months. Interest is 12% compounded quarterly. (a) How many

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A loan of $9,000 is repaid by payments of $451 at the end of every three months. Interest is 12% compounded quarterly. (a) How many payments are required to repay the debt? (b) What is the size of the final payment? (a) The number of payments is I (Round up to the nearest whole number.)

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