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OpenStudy (ray_sihota):
Anna borrowed $4000 from her line of credit 6 months ago and another $2000 2 months ago. She aranged with the bank to pay off the line of credit with two equal paymentsat six and 12 months. The bank charges 8% intrest componded monthly use 6 month as focal date.
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OpenStudy (ray_sihota):
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