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Jason has a loan that requires a single payment of $4,500 at the end of 4 years. The loan's interest rate is 10%, compounded semiannually.
Jason has a loan that requires a single payment of $4,500 at the end of 4 years. The loan's interest rate is 10%, compounded semiannually. How much did Jason borrow? (of EVEVA of 3], and EVA (Use appropriate factor(s) from the tables provided.) Multiple Choice O $4.500.00 $3,356.40 $305440 $3,045.00 54472 40
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