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Suppose a $ 1 2 , 8 3 6 loan has an annual compound interest rate of 5 . 7 % with semi - annual

Suppose a $

12, 836

loan has an annual compound interest rate of

5.7 %

with semi

-

annual compounding

(

twice per year

) .

If the loan's term is

4

years, what is its future value?

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