3-4. How much interest is payable each year an loan of $2,000 if the interest rate is 10% per ye when half of the loan principal will be repaid a lump sum at the énd of 3 years and the ot half will be...


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3-4. How much interest is payable each year an<br>loan of $2,000 if the interest rate is 10% per ye<br>when half of the loan principal will be repaid<br>a lump sum at the énd of 3 years and the ot<br>half will be repaid in one lump-sum amounti<br>the end of 6 years? How much interest will<br>paid overthe 6-year period?<br>

Extracted text: 3-4. How much interest is payable each year an loan of $2,000 if the interest rate is 10% per ye when half of the loan principal will be repaid a lump sum at the énd of 3 years and the ot half will be repaid in one lump-sum amounti the end of 6 years? How much interest will paid overthe 6-year period?

Jun 10, 2022
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