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Idaho International Inc. borrows $ 8 6 , 6 0 0 from a bank at 3 . 0 8 % compounded semi - annually for

Idaho International Inc. borrows $86,600 from a bank at 3.08% compounded semi-annually for 7
years and 10 months.
a) How much will the accumulated value of the loan be at the end of the term? $
b) How much interest will be charged on the loan? $
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