How much interest is payable each year on a loan of 1000 if


How much interest is payable each year on a loan of $1000 if the interest rate is 9% per year when half of the loan principal will be repaid as a lump sum at the end of 3 years and the other half will be repaid in one lump-sum amount at the end of 6 years, and how much interest will be paid over the 6 year period?

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Business Economics: How much interest is payable each year on a loan of 1000 if
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