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QUESTION 9 Bowflex's television ads say you can get a Treadclimber that sells for $10,000 for 4 annual payments of $3,000. What annual rate of

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QUESTION 9 Bowflex's television ads say you can get a Treadclimber that sells for $10,000 for 4 annual payments of $3,000. What annual rate of interest are you paying on this loan? QUESTION 10 Tom just bought a new truck for his business. To purchase the vehicle tom took out an amortized loan for $30,000. The car dealership made the loan at 12% interest compounded semiannually for five years. Determine the amount of Jimmy's semiannual payment

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