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Meghan received a $22,600 loan from a bank that was charging interest at 4.75% compounded semi-annually. How much does he need to pay at the

Meghan received a $22,600 loan from a bank that was charging interest at 4.75% compounded semi-annually.

How much does he need to pay at the end of every 6 months to settle the loan in 5 years?

What was the amount of interest charged on the loan over the 5-year period?

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