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Can someone help me with this question. You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two weeks) payments
Can someone help me with this question.
You borrow $1,000,000 at 3% compounded semi-annually and will pay it off over bi-weekly (every two weeks) payments for 25 years. Your payments be within 15$ of which of the following?
Question 1 options:
2140
2170
2200
2230
None of the above
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