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Posted: **Wed Jul 06, 2022 6:21 am**

: 4 If You Borrow A 10000 Loan From A Bank That Charges Interest Rate 7 95 Compounded Which Of The Following Quarterly 1 (155.51 KiB) Viewed 13 times

4. If you borrow a $10000 loan from a bank that charges interest rate 7.95% compounded which of the following quarterly payments is correct to pay off the loan in 6 years continuously, period? A. $972 B. $529 C. $540 D. $416.60 E. None of the above Answer: B