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  3. 1 tristan plans to pay back a loan of 230 000 in 5

1 Tristan plans to pay back a loan of 230 000 in 5 years He...

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1 Tristan plans to pay back a loan of 230 000 in 5 years He makes quarterly payments at the end of each quarter The bank charges 7 8 per year compounded quarterly K4 Determine Tristan s quarterly payment using a TVM solver N 1 PV PMT FV P Y C Y DMT END EGIN

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