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Problem #4: A loan of amount $22200 is to be repaid in payments that each consist of a principal repayment of $740 plus the interest

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Problem #4: A loan of amount $22200 is to be repaid in payments that each consist of a principal repayment of $740 plus the interest on the previous outstanding balance. What is the total interest paid if the interest per payment period is 2.6%? Problem #4: Answer correct to 2 decimals. Just Save Submit Problem #4 for Grading Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Problem #4 Your Answer: Your Mark

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