A loan is repaid by making payments of 500000 at the end of
A loan is repaid by making payments of $5000.00 at the end of every six months for fourteen years. If interest on the loan is 8% compounded quarterly, what was the principal of the loan? Note: Different periods of compounding and repayments.
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a loan is repaid by making payments of 500000 at the end of every six months for fourteen years if interest on the loan
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