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D Question 15 1 pts Dawn Caster has borrowed $200,000 from the Bank of Victoria for a ten-year period with loan repayments to be
D Question 15 1 pts Dawn Caster has borrowed $200,000 from the Bank of Victoria for a ten-year period with loan repayments to be made on a semi-annual basis. The fixed interest rate on the loan is 9% p.a. with interest compounded semi-annually. The total principal repaid by Dawn in the first six-month period is closest to: O $9,000. O $6,662. $6,375. O $8,713.
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