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Posted on Sep 20, 2024

You borrowed $ 7 5 , 0 0 0 from your bank with an annual interest o f 1 6 % that will be charged

You borrowed $

75, 000

from your bank with an annual interest o f

16 %

that will be charged semi

-

annually for

15

years, you willbe paying your loan payments semi annuallyas well.

Calculate your semi

-

annuallypayment.

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