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Question 3 Not complete Marked out of 1.00 A loan is to be repaid with 9 years of quarterly payments (made at the end of

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Question 3 Not complete Marked out of 1.00 A loan is to be repaid with 9 years of quarterly payments (made at the end of each quarter). If the payments are in the amount of $810, and the interest being charged is 5.1% compounded quarterly, then what was the amount of the loan? Give your answer rounded to the nearest cent. Flag question Answer: Check Question 4 Not complete Marked out of 1.00 Victoria plans to make deposits of $340 at the end of every three months into a savings account in the hopes of saving up for a used car. If the account earns interest at a rate of 6% compounded quarterly, how much money will she have after 5 years? Flag question Answer: Check

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