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Chris borrowed $20,000 for 15 years at 7.2 percent compounded quarterly. what is chris's quarterly payment, how much of payment 42 will go towards paying
Chris borrowed $20,000 for 15 years at 7.2 percent compounded quarterly. what is chris's quarterly payment, how much of payment 42 will go towards paying interest, how much of payment 36 will go towards paying off principle, and what will be chris's ending balance after he has made 3 years of payments?
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