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Elysa bought a car priced at $11,720 for 5% down and equal semi-annual payments for 5 years. If interest is 4% compounded quarterly, what is
Elysa bought a car priced at $11,720 for 5% down and equal semi-annual payments for 5 years. If interest is 4% compounded quarterly, what is the size of the semi-annualpayment?
The size of the semi-annual payment is $____
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