Question: Summary Practice Test 13-4 (Static) [LU 13-3 (1)] In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate

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Summary Practice Test 13-4 (Static) [LU 13-3 (1)] In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. Amount to pay each periodIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2,911 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2,244 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2, 175 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2, 115 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. X Answer is complete but not entirely correct. Amount to pay each period $ 3,615 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2, 115 XIn 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years? (Use Table.) Note: Round your answer to the nearest dollar. x Answer is complete but not entirely correct. Amount to pay each period $ 2, 179 X\f\f100,0 0.015 PMT = 1+ 0.015)36- 11+ 115\f\f1.01536 1.6 521500 PMTE 2,244.29 0.66862

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