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Assuming that a commercial loan of $500,000 is amortised over 10 years at an interest rate of 5.0 %, compounded quarterly, calculate the payments (simple

image text in transcribedAssuming that a commercial loan of $500,000 is amortised over 10 years at an interest rate of 5.0 %, compounded quarterly, calculate the payments (simple annuity):

QUESTION 9 Assuming that a commercial loan of $500,000 is amortised over 10 years at an interest rate of 5.0%, compounded quarterly, calculate the payments (simple annuity):|

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