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also find the pmt Jack took out a loan of $35,000 to do some renovations to his restaurant and was given an interest rate of

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also find the pmt
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Jack took out a loan of $35,000 to do some renovations to his restaurant and was given an interest rate of 2.72% compounded semiannus He agreed to make quarterly payments of $1,800 to pay off the loan a) How many payments will Jack have to make to pay off the loan? Round your answer up to the next whole payment. (4 marks) No LY P/Y C/Y = PV FV

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