[Solved] Problem 11 A loan of $10,000 is repaid by

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Problem 11 A loan of $10,000 is repaid by 20 level installments at the end of every 6 months. The nominal rate of interest is

Problem 11 A loan of $10,000 is repaid by 20 level installments at the end of every 6 months. The nominal rate of interest is 8%, convertible half yearly. Find the total amount of interest payment made over the 10-year period

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ISBN: 152650300X,1526503018

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