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Matthew received a loan of ( $ 14,000 ) at 5.50 compounded quarterly. He had to make payments at the end of every quarter for

image text in transcribed Matthew received a loan of \\( \\$ 14,000 \\) at \5.50 compounded quarterly. He had to make payments at the end of every quarter for a period of 1 year to settle the loan. a. Calculate the size of payments. Round to the nearest cent b. Fill in the amortization schedule, rounding the answers to two decimal places

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