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Mathematics, 16.02.2021 14:00 genyjoannerubiera

The total amount paid on a 5 year loan was $16,000. If the interest rate was 7% and compounded semi-annually, what was the principal? Round your answer to the nearest dollar. Provide your answer holowe

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The total amount paid on a 5 year loan was $16,000. If the interest rate was 7% and compounded semi-...
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