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24 25 26 #10 27 28 29 130 131 132 You want to borrow The discount rate offered by the lender is The term of
24 25 26 #10 27 28 29 130 131 132 You want to borrow The discount rate offered by the lender is The term of the loan is Interest is compounded annually. How much interest will you pay in year 3 of this 5 year loan. You will need to crate a loan amortization schedule fo rthe 5 year loan. $99,000 7.15% 5 from your bank for a sailboat. annually years +
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