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Adrian received a loan of $9,000 at 6.82% compounded semi-annually from a credit union to use as working capital for her business. She had to
Adrian received a loan of $9,000 at 6.82% compounded semi-annually from a credit union to use as working capital for her business. She had to make semi-annual payments for a period of 5 years to settle the loan. a. Calculate the size of her payments. $1,077.27 Round to the nearest cent b. What was the total interest paid during the period? $1,841.40 Round to the nearest cent c. What was the interest portion of payment number 3? Round to the nearest cent
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