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General Computers Inc. purchased a computer server by taking a loan of $34,500 at 2.50% compounded semi-annually. It made payments of $2,300 at the end
General Computers Inc. purchased a computer server by taking a loan of $34,500 at 2.50% compounded semi-annually. It made payments of $2,300 at the end of every half-year to settle the loan. a. How many payments are required to settle the loan? Round to the next payment
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