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For six years, Alex's loan of $5000 is paid off with payment of $532.76 made at the end of every six-month period. The interest rate
For six years, Alex's loan of $5000 is paid off with payment of $532.76 made at the end of every six-month period. The interest rate is 8% compounded semi-annually. Find the total interest paid over the six-year life of the loan. Question 9 options: $1393.12 $2400.00 $1296.45 $1195.40
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