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Homework answers / question archive / Find the payment necessary to amortize a 12% loan of $1900 compounded quarterly, with 13 quarterly payments

Find the payment necessary to amortize a 12% loan of $1900 compounded quarterly, with 13 quarterly payments

Accounting

Find the payment necessary to amortize a 12% loan of $1900 compounded quarterly, with 13 quarterly payments.

 

The payment size is $??

 

Round to the nearest? cent.

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