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Question 11 Given the following data for a certain mode of payment: Periodic payment: P 16,000 Term: 14 years Interest rate: 119 compounded quarterly Payment

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Question 11 Given the following data for a certain mode of payment: Periodic payment: P 16,000 Term: 14 years Interest rate: 119 compounded quarterly Payment interval: 3 months What is the sum of the payments after 14 years using annuity due? Express your answer in whole number

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