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Question 1 1 pts A company borrowed a certain amount of money at the beginning of the current year. The loan requires one payment, 2

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Question 1 1 pts A company borrowed a certain amount of money at the beginning of the current year. The loan requires one payment, 2 years from the date of the original borrowing, which will include repayment of the initial amount plus all accrued interest. The interest rate stated in the loan document is 12%. Interest is compounded monthly. How many compounding periods are in this loan

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