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What was the principal of the loan

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Question - A loan is repaid by making payments of $2000.00 at the end of every six months for twelve years. If interest on the loan is 10% compounded quarterly, what was the principal of the loan?

Reference no: EM133071530

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What was the principal of the loan : Question - A loan is repaid by making payments of $2000.00 at the end of every six months for twelve years. What was the principal of the loan
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