Question: Can you help me with this You borrowed $450,000 from a bank at an interest rate of 50% compounded quarterly to purchase a new house.

Can you help me with this

Can you help me with this You borrowed $450,000 from a bank

You borrowed $450,000 from a bank at an interest rate of 50% compounded quarterly to purchase a new house. You will pay off the loan in monthly installments over two years. if you want to pay the remainder of the loan in a single payment immediateiy after 10th payment, how much do you have to pay? 0 3) Between $365,500 and $378,000 0 b) None of the answers is correct 0 c) Between $345,500 and $358,000 0 d) Between $305,500 and $318,000 0 e) Between $325,500 and $338,000

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