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1. If you take out a loan for $36,900.00 at 4.0% annual interest, and agree to pay it back monthly over the next 5 years,

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1. If you take out a loan for $36,900.00 at 4.0% annual interest, and agree to pay it back monthly over the next 5 years, what will be the monthly payments? What is the future value after the following deposits and time periods? You deposit $27000 today. It grows compounded annually for 5 years. You add $6000 to this at that time, and this new total grows compounded Monthly for 3 years. The interest rate is 5.5% annually

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