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* 1. What is the amount of each annuity payment for a 5-year $10,000 loan if the interest rate is 10 percent? (Assume the first

* 1. What is the amount of each annuity payment for a 5-year $10,000 loan if the interest rate is 10 percent? (Assume the first payment will be made a year from today) $2404.2 $2638.0 $3002.0 $3153.8

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