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(Need Asap) A debt of $10,000 with interest at 8% compounded quarterly is to be repaid by equal payments at the end of every three

(Need Asap) A debt of $10,000 with interest at 8% compounded quarterly is to be repaid by equal payments at the end of every three months for two years. a) Calculate the size of the monthly payments. (4 marks) b) Calculate the outstanding balance after three payments. (6 marks)

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