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

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