Question: Common information: A loan is amortized by level payments made at the end of each quarter, for 25 years. The monthly rate is 1%. The

Common information: A loan is amortized by level payments made at

the end of each quarter, for 25 years. The monthly rate is

Common information: A loan is amortized by level payments made at the end of each quarter, for 25 years. The monthly rate is 1%. The principal in the 29 th payment is 8370. Find OLB 69 A. 1,115,185,53 B. 1,101,108.22 c. The correct answer is not shown here. D. 1,430,370.34 E. 1,301,108,22

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