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A mortgage requires payments of $ 4 0 0 0 . 0 0 at the end of every six months for twelve years. If interest

A mortgage requires payments of $4000.00 at the end of every six months for twelve years. If interest is 8% compounded quarterly, calculate the principal of the loan.
Question 10Select one:A.
$84948.26B.
$75655.70C.
$88320.00D.
$60738.85E.
none of the above

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