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1. Suppose you are borrowing $64,000 at an interest rate of1.4%. You will not make any payments for the first two years. Then,starting at the

1. Suppose you are borrowing $64,000 at an interest rate of1.4%. You will not make any payments for the first two years. Then,starting at the end of year 3, you will make 9 annual payments torepay 2 answers

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