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a) What is the maturity value of a $3000 loan for 18 months at 9.5% compounded semi-annually?b) How much interest was charged on the loan?

QUESTION 1 a) What is the maturity value of a $3000 loan for 18 months at 9.5% compounded semi-annually? b) How much interest was charged on the loan? a) $ b) $

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