Question: Question 5 10 points Save Answer A debt of $10 000.00 with interest at 8% compounded quarterly is to be repaid by equal payments

Question 5 10 points Save Answer A debt of $10 000.00 with

Question 5 10 points Save Answer A debt of $10 000.00 with interest at 8% compounded quarterly is to be repaid by equal payments at the end of every three months for two years. What is the outstanding principal balance after the 2nd payment?

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