question archive Q: A loan of $9000 is repaid by equal payments of $750 made at the end of every three months
Q: A loan of $9000 is repaid by equal payments of $750 made at the end of every three months
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Q: A loan of $9000 is repaid by equal payments of $750 made at the end of every three months.If interest is 7% compounded quarterly, how much will be paid out of pocket (in total) to repay the loan plus interest?
?Select one:
a. $9307.90
b. $10,192.10
c. $10,500.00
d. $9241.50
Option 1
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Option 2
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