you hope to borrow $450,000 at 7% interest per annum compounded quarterly. You will repay the loan in one payment at the end of 3 years. calculate the amount of this loan payment.

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03-11-2022
Mathematics

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you hope to borrow $450,000 at 7% interest per annum compounded quarterly. You will repay the loan in one payment at the end of 3 years. calculate the amount of this loan payment.

Sagot :

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