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What would your payment be on a 10-year, $150,000 loan at 10% interest compounded semiannually assuming the payments are made annually?
What would your payment be on a 10-year, $150,000 loan at 10% interest compounded semiannually assuming the payments are made annually?
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1 Calculate Semiannual Interest Rate Divide the annual interest rate of 10 by 2 ...Get Instant Access to Expert-Tailored Solutions
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