1. A loan of $10,000 is to be amortized with 10 equal quarterly payments. If the interest...
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2. A recent graduate's student loans total $18,000. If these loans are at 4.2%, compounded quarterly, for 10 years, what are the quarterly payments?
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Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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