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a) y =0.17 b) y = 4(0.3)* c) y= 2(3)* d) y =4(2) 7. Daniel applied for a $3000 loan that accrued interest at 9.75%/ year, compounded quarterly (every 3 months) a) What is the amount owing on the loan at the end of 3 years? b) How much interest did Daniel need to pay after 3 years