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actsci question, please show work 11. 8 A loan of $15000 is taken out at ji = 8% and is to be repaid over 5

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actsci question, please show work

11. 8 A loan of $15000 is taken out at ji = 8% and is to be repaid over 5 ycars with scmi-annual payments, the first payment 6 months from now. If simple interest is chargcd for the fractional part of an interest period, what semi-annual payment is nceded

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