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A developer wants to buy a certain parcel of land The developer feels she can...

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Basic Math

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A developer wants to buy a certain parcel of land The developer feels she can afford payments of 29 000 each half year for the next 8 years How much can she borrow and hold to this budget at an annual rate of 7 8 compounded semianually Round your answer to the nearest cent A 696 273 10 B 340 423 07 196 058 37 D 524 996 94 656 320 20

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