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An auto repair shop borrowed $ 1 5 , 0 0 0 to be repaid by quarterly payments over 5 years. Interest on the loan

An auto repair shop borrowed $15,000 to be repaid by quarterly payments over 5 years. Interest on the loan is 11% compounded quarferly(a) What is the size of the periodic payment?(b) What is the outstanding principal after payment 7?(c) What is the interest paid on payment 89(d) How much principal is repaid in payment 82

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