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assume that the payments occur quarterly over a five-year period, Assume that the balance (future value)...

assume that the payments occur quarterly over a five-year period, Assume that the balance (future value) of the loan is 0 after 5 years.

Loan Amount (PV) Years # Payments per Year Payments Annual Rate Rate per Quarter Quarterly Payments
200,000 3.25%
200,000 3.50%
200,000 3.75%
200,000 4.00%
200,000 4.25%

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