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Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate. Annual payments of $3,700 are made for 16
Find i(the rate perperiod) and n(the number ofperiods) for the following loan at the given annual rate.
Annual payments of $3,700 are made for 16 years to repay a loan at 6.15% compounded annually.
i= (write an integer or adecimal.)
n=
Solve for N & I
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