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Heather received a $35,100 loan from a bank that was charging interest at 5.75% compounded semi-annually. a. How much does he need to pay at
Heather received a $35,100 loan from a bank that was charging interest at 5.75% compounded semi-annually.
a. How much does he need to pay at the end of every 6 months to settle the loan in 6 years? Round to the nearest cent
b. What was the amount of interest charged on the loan over the 6-year period? Round to the nearest cent
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