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March 28, 2015

Homework Help: Business Finance

Posted by D Johnson on Sunday, May 5, 2013 at 12:01am.

In 9 years, Rollo Company will have to repay a $100,000 loan. Assume a 6% interest rate compounded quarterly. How much must Rollo Company pay each period to have $100,000 at the end of 9 years?

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