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2.13 You are planning to borrow $100 000 on January 1, 2016. No interest yearly payment are scheduled until July 1, 2020, when the whole

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2.13 You are planning to borrow $100 000 on January 1, 2016. No interest yearly payment are scheduled until July 1, 2020, when the whole loan amount will become due. The bank 6 % pa. How much will you have to pay on July 1, 2020

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