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Posted on Apr 17, 2024

What is the outstanding balance after the 2 3 rd payment interval of a 1 6 - year loan for $ 1 4 7 3

What is the outstanding balance after the

23

rd payment interval of a

16 -

year loan for $

14 734

with semi

-

annual payments and an interest rate of

5.95 %

compounded quarterly?

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