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Question 15 (2 points) If Kim makes annual year-end payments of $5592.28 on a 10-year loan with an annual interest rate of 5.5 percent compounded
Question 15 (2 points) If Kim makes annual year-end payments of $5592.28 on a 10-year loan with an annual interest rate of 5.5 percent compounded semi-annually, what is the original principal amount for Kim's loan? 45 000 $45 700 $43 325 O $42 000
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