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You borrow $ 6 0 0 0 to help pay your college expenses. You agree to repay the loan at the end of 6 years
You borrow $ to help pay your college expenses. You agree to repay the loan at the end of years at interest, compounded quarterly. Round your answers to two decimal places.
a What is the maturity value of the loan?
$
b How much interest are you paying on the loan?
$
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