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31-05-2023
Mathematics

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Brian took eight years to pay off his $71,900 loan. The loan had an interest rate of 8. 16%, compounded quarterly. If Brian paid quarterly and made the same payment every time, how much was each payment that he made? a. $2,342. 66 b. $3,081. 54 c. $1,022. 28 d. $1,466. 76 Please select the best answer from the choices provided A B C D.

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