A loan at j₄ = 8.6% is being repaid over n-quarters,with quarterly payments of $647.18.The portion of the 9^th payment that goes towards principal is $349.23.What is the value of n?

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The Answer of A loan at j₄ = 8.6% is being repaid over n-quarters,with quarterly payments of $647.18.The portion of the 9^th payment that goes towards principal is $349.23.What is the value of n?

A Loan at J4 = 8

A Loan at J₄ = 8