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Question 24 (10 points) Edward Martin borrowed $15 810.00 today from his uncle to finance his graduate studies. The loan agreement calls for equal payments

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Question 24 (10 points) Edward Martin borrowed $15 810.00 today from his uncle to finance his graduate studies. The loan agreement calls for equal payments at the end of each month for 6 years. The payments are deferred for 3 years and interest is 8.12% compounded semi-annually. 1) How much does Edward's debt grow into after 3 years? 2) What is the size of the monthly payments to settle the amount you calculated in part 12

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