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What are your payments on a 11-year, $130,000 loan at 9.75% compounded semi-annually assuming the payments are made monthly? Question 16 options: $1,436 $1,475 $1,515

What are your payments on a 11-year, $130,000 loan at 9.75% compounded semi-annually assuming the payments are made monthly?

Question 16 options:

$1,436

$1,475

$1,515

$1,555

$1,595

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