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please show all work 3. A loan of 30,000 is to be repaid during 6 years with equal monthly payments of p. The nominal annual

please show all work
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3. A loan of 30,000 is to be repaid during 6 years with equal monthly payments of p. The nominal annual interest rate for the first year is 4% compounded monthly, while the nominal annual interest rate for the remaining 5 years is 11% compounded monthly. What are total interests paid during the 8th payment

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