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Please answer ASAP (1 point) A loan is to be amortized over an 3-year term at 12% interest compounded semiannually, payments of $800 every 6
Please answer ASAP
(1 point) A loan is to be amortized over an 3-year term at 12% interest compounded semiannually, payments of $800 every 6 months, and a balloon payment of $9000 at the end of the term. Calculate the amount of the loan. You have attempted this problem 0 times. You have unlimited attempts remainingStep by Step Solution
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