Question: You are taking a $2000 loan. You will pay it back in four equal amounts, paid every six months starting 3 years from now. The

You are taking a $2000 loan. You will pay it back

You are taking a $2000 loan. You will pay it back in four equal amounts, paid every six months starting 3 years from now. The interest rate is 14% compounded semiannually. Calculate the amount of each semiannual payment

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