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If Rose makes annual year-end payments of $6182.05 on a 15-year loan with an annual interest rate of 4.6 percent compounded semi-annually, what is the
If Rose makes annual year-end payments of $6182.05 on a 15-year loan with an annual interest rate of 4.6 percent compounded semi-annually, what is the original principal amount for Rose's loan?
Question 11 options:
$62 000
$65 000
$65 700
$63 325
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