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1 If you purchase a machine and borrow $108000, what will your approximate monthly payment be if you pay back the loan over 10 years.

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1 If you purchase a machine and borrow $108000, what will your approximate monthly payment be if you pay back the loan over 10 years. Assume a 6% interest rate. 2 If you need $20000 in 15 years, how much should you set aside today? Assume an 3% annual return

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