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Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate. Semiannual payments of $4,900 are made for 20
Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate.
Semiannual payments of $4,900 are made for 20 years to repay a loan at 8.15% compounded semiannually.
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