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What are your payments on a 7-year, $110,000 loan at 8.75% compounded semi-annually assuming the payments are made monthly? Question 3 options: $1,616 $1,660 $1,703
What are your payments on a 7-year, $110,000 loan at 8.75% compounded semi-annually assuming the payments are made monthly?
Question 3 options:
| $1,616 |
| $1,660 |
| $1,703 |
| $1,747 |
| $1,791 |
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