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ATB Financial issued a loan of $ 7 3 , 0 0 0 at 5 . 5 1 % compounded semi - annually. The loan
ATB Financial issued a loan of $ at compounded semiannually. The loan was repaid by payments of $ at the end of every month. a How many payments were required to pay off the loan? Enter a whole number b What was the total interest paid in the th year? Enter starting and ending periods as P and P and the total interest paid as a positive value to the nearest cent. Total interest paid in the th year $ c What was the size of the final payment? Enter a positive value to the nearest cent $
ATB Financial issued a loan of $ at compounded semiannually. The loan was repaid by payments of $ at the end of every month.
a How many payments were required to pay off the loan?
Enter a whole number
b What was the total interest paid in the th year?
Enter starting and ending periods as P and P and the total interest paid as a positive value to the nearest cent.
Total interest paid in the th year $
c What was the size of the final payment?
Enter a positive value to the nearest cent
$
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