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Question 1 Vince loaned a certain amount from a cooperative and promised to pay it back with 2.32 times his original loaned amount. They agreed
Question 1 Vince loaned a certain amount from a cooperative and promised to pay it back with 2.32 times his original loaned amount. They agreed a nominal interest rate of 9.29% compounded every 4 months every year for n years. How many n years before he pay all his loan with interest? Answer rounded off with two 2 decimal places
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