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ASAP Karmen borrowed 55385.00 compounded quarterly to help finance her education She contracted to repay the loan in quartorly payments of $317 00 each of
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Karmen borrowed 55385.00 compounded quarterly to help finance her education She contracted to repay the loan in quartorly payments of $317 00 each of the payments are due at the end of each 3 months and interest is 6% compounded quarterly, how long will Karmen have to make quarterly payments? State your answer in yoars and months (from 0 to 11 months) Karmen will have to make payments for your(s) and month(s) Step by Step Solution
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