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Michelle obtained a business loan of $280,000 at 4.98% compounded semi-annually. a. What was the size of the semi-annual payments to be made over 20

Michelle obtained a business loan of $280,000 at 4.98% compounded semi-annually. a. What was the size of the semi-annual payments to be made over 20 years in order to pay off the loan? $0.00 Round to the nearest cent b. Calculate the interest paid on the loan. $0.00 Round to the nearest cent

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