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29 January, 08:06

Using technology, determine the semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually. Round your answer to the nearest cent.

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  1. 29 January, 08:41
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    The semi-annual payment on a 3 year loan of $8,561 at 9.1% compounded semi-annually is $1,662.47.
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