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Consider an ordinary annuity consisting of six semiannual payments over 3 years to pay off a loan of 2,000 dollars at 15 percent interest rate

Consider an ordinary annuity consisting of six semiannual payments over 3 years to pay off a loan of 2,000 dollars at 15 percent interest rate compounded semiannually. Find the remaining principal after the fourth payment has been made. Answer to cents.

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