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Corey obtained a loan of $325,000 at 4.2% compounded semi-annually. a) What is the size of the payments, made quarterly that will settle the debt

Corey obtained a loan of $325,000 at 4.2% compounded semi-annually. a) What is the size of the payments, made quarterly that will settle the debt in 15 years. b) What is the cost of borrowing?

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