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In 9 years, Rollo Company will have to repay a $ 1 0 0 , 0 0 0 loan. Assume a 6 % interest rate

9

years, Rollo Company will have to repay a $

100, 000

loan. Assume a

6 %

interest rate compounded quarterly. How much must Rollo Company pay each period to have $

100, 000

at the end of

9

years?

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