[Solved] Joey owes Katherine 1,450,000 due in 7 ye

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Joey owes Katherine 1,450,000 due in 7 years. On the 3rd year, Joey paid 500,000. If money is worth 12% compounded semi-annually, how much would

Joey owes Katherine 1,450,000 due in 7 years. On the 3rd year, Joey paid 500,000. If money is worth 12% compounded semi-annually, how much would Joey has to pay on the 5 th year to discharge her obligation?

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