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Help please Please help explain the steps using algebra and excel Question A business takes out a $600,000 loan with an

Posted: Thu Jun 30, 2022 9:34 pm
by answerhappygod
Help please
Please help explain the steps using algebra and excel
Question
A business takes out a $600,000 loan with an annual interestrate of 4.6%, compounded quarterly. If the term of the loan is 10years, what is the quarterly payment?