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A borrower had a loan of 40 000 00 at 6 compounded annually with 15...

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Algebra

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A borrower had a loan of 40 000 00 at 6 compounded annually with 15 annual payments Suppose the borrower paid off the loan after 4 years Calculate the amount needed to pay off the l The amount needed to pay off this loan after 4 years is Dut

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