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Henry takes out a 15-year loan of $300,000 today. The bank charges interest at 4.4% p.a.compounded quarterly. During the first 5 years of the loan

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Henry takes out a 15-year loan of $300,000 today. The bank charges interest at 4.4% p.a.compounded quarterly. During the first 5 years of the loan term, Henry will repay $6,000 at the end of each quarter. After that period, Henry will pay $X at the end of each quarter in order to repay the loan on time. Which of the following can be used to calculate $X. (There may be more than one correct answer. You will lose marks by choosing a wrong answer. The minimum mark for the question is zero.) Select one or more: 6000 X O a. 300000 + (1 - 1.011-20) + + (1 - 1.011-40) 0.011 0.011 6000 b. 300000 - (1.011)20 * (1.01120 - 1) * (1 - 1.011-20) 0.011 0.011 6000 c. 300000 = - (1 - 1.011-20) 0.011 * (1 - 1.011-40) + (1.011)-20 0.011 d. None of the equations give the correct answer. 6000 e. 300000 - (1.011)20 (1.01120 - 1) (1 - 1.011-40) 0.011 0.011 6000 t. 300000 * (1 - 1.044-5)+ (1 - 1.044-10) 0.044 0.044 +

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