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Holly just borrowed 103,160 dollars from the bank. She plans to repay this loan by making equal quarterly payments for 11 years. If the interest
Holly just borrowed 103,160 dollars from the bank. She plans to repay this loan by making equal quarterly payments for 11 years. If the interest rate on the loan is 5.12 percent per year and she makes her first quarterly payment in 3 months from today, then how much must Holly pay to the bank each quarter
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