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What is the future value of $900 in 21 years assuming an interest rate of 9 percent compounded semiannually? You have just purchased a new

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What is the future value of $900 in 21 years assuming an interest rate of 9 percent compounded semiannually? You have just purchased a new warehouse. To finance the purchase, you've arranged for a 30-year mortgage loan for 80 percent of the $2,300,000 purchase price. The monthly payment on this loan will be $15,000. a. What is the APR on this loan? b. What is the EAR

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