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Lynn Ally, owner of a local Subway shop, loaned $41,000 to PeteHall to help him open a Subway franchise. Pete plans to repay Lynnat the

Lynn Ally, owner of a local Subway shop, loaned $41,000 to PeteHall to help him open a Subway franchise. Pete plans to repay Lynnat the end of 9 years with 4% interest compoundedsemiannually.How 2 answers

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