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Jason borrows $ 1 0 3 0 0 for the next 4 years at a variable interest rate. Assume that the interest accumulates for 4
Jason borrows $ for the next years at a variable interest rate. Assume that the interest accumulates for years at an annual nominal rate of compounded quarterly. Calculate the outstanding loan balance that Jason will have to settle if he makes no prior payment until the end of the years.
a
$
b
$
c
$
d
$
e
$
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