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  3. suppose that 2000 is loaned at a rate of 12 5 comp

Suppose that 2000 is loaned at a rate of 12 5 compounded semiannually Assuming that...

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Suppose that 2000 is loaned at a rate of 12 5 compounded semiannually Assuming that no payments are made find the amount owed after 10 years Do not round any intermediate computations and round your answer to the nearest cent

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