Wyoming Wealth Inc. borrows $81,000 from a bank at 6.22% compounded semi-annually for 7 years and 4
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Question:
Wyoming Wealth Inc. borrows $81,000 from a bank at 6.22% compounded semi-annually for 7 years and 4 months.
a) How much will the accumulated value of the loan be at the end of the term? $
b) How much interest will be charged on the loan? $
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