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0.019419519 Laurier Inc. has borrowed $ 31000 from its bank. The annual interest rate on the loan is 3% compounded annually and the loan is

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0.019419519 Laurier Inc. has borrowed $ 31000 from its bank. The annual interest rate on the loan is 3% compounded annually and the loan is to be paid back in 9 equal annual payments. Calculate the amount of the required annual loan payments. Round your answer to the nearest dollar. Your

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