Suppose that in the loan described, the borrower paid off the loan after the time indicated. Calculate the amount needed to pay off the loan.$180,000; 8% compounded quarterly; 15 quarterly payments; paid off after 13 quarters.
A. $27,198.53
B. $158,974.71
C. $298,120.62
D. $12.85
Answer: A
Mathematics
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A. 
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