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What is the amount of each payment

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Question - Rosie's Florist borrows $370,000 to be paid off in seven years. The loan payments are semiannual with the first payment due in six months, and interest is at 6%. What is the amount of each payment?

A. $32.755

B. $33.755

C. $35,553

D. $33,510

Reference no: EM132560803

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