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20. Syncor borrowed $800,000 payable over 5 years, with an interest rate of 9 percent per annum on the unpaid balance. If the loan is

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20. Syncor borrowed $800,000 payable over 5 years, with an interest rate of 9 percent per annum on the unpaid balance. If the loan is to be repaid in 5 equal, end-of-year payments, what is the total amount of interest paid on this loan? a. $205,656 b. $228,278 c. $201,753 d. $255,131

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