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No down payment . $100,000 loan to be repaid over 25 years A quoted rate of i= 5%, compounded semi-annually Please keep two decimal places.

No down payment . $100,000 loan to be repaid over 25 years A quoted rate of i= 5%, compounded semi-annually Please keep two decimal places. (a) What is the EAIR? % (b) What is the equivalent monthly interest rate? (c) How much is monthly payment? $ %
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- No down payment - $100,000 loan to be repaid over 25 years - A quoted rate of i=5%, compounded semi-annually Please keep two decimal places. (a) What is the EAIR? % (b) What is the equivalent monthly interest rate? (c) How much is monthly payment? \$

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