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Margaret received a business loan of $97094 at 4.3% compounded quarterly. They received the loan for one year and had to make payments at the
Margaret received a business loan of $97094 at 4.3% compounded quarterly. They received the loan for one year and had to make payments at the end of every three months to settle the loan. What was the size of the quarterly payments? Note: Type just the number, do not type the $ sign. For example, if your answer is $ $25,500.55 type only: 25500.55
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