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Briac Steel sets aside $5300.00 at the beginning of every six months in a fund to replace equipment. If interest is 9% compounded quarterly, how
Briac Steel sets aside $5300.00 at the beginning of every six months in a fund to replace equipment. If interest is 9% compounded quarterly, how much will be in the fund after 5 years?
Hunan bought a car priced at $15,800 for 15% down and equal monthly payments for three years. If interest is 6% compounded monthly, what is the size of the monthly payment?
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