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1. Paige took out a $12 000 loan from the bank to pay for equipment for her business. The bank
offered her an interest rate of 7.0%, compounded semi-annually. The loan is to be repaid in 4 years.
How much interest did Paige pay?

Respuesta :

Answer:

3729.5521 exact 3729.55 rounded

Step-by-step explanation:

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