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Mathematics, 05.12.2019 00:31 30valgolden

Using technology, determine the quarterly payment on a 4 year loan of $16,231 at 5.1% compounded quarterly. round your answer to the nearest cent.

a.

$1,125.69

c.

$1,518.85

b.

$1,127.86

d.

$1,508.31

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Answers: 2

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