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Kevin will make payments of $150 at the end of every month to settle a loan of $1,000 at 4.50% compounded semi-annually that he received

Kevin will make payments of $150 at the end of every month to settle a loan of $1,000 at 4.50% compounded semi-annually that he received to purchase a television. a. How many deposits will he have to make? Round up to the next whole number b. How long will he have to make these payments? years months

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