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Question Find the payment necessary to amortize the following loan. $7800; 8.8% compounded semiannually; 24 semiannual payments The payment is $_______. (Round to the nearest cent as needed.)

/in /by

Question

Find the payment necessary to amortize the following loan.  $7800; 8.8% compounded semiannually; 24 semiannual

payments

The payment is $_______. (Round to the nearest cent as needed.)

 
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