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3) How much did you borrow if your annual payments are $5,000 for the next seven years and the interest rate is 9%? A) $25,164.76

3) How much did you borrow if your annual payments are $5,000 for the next seven years and the interest rate is 9%?

A) $25,164.76

B) $36,002.17

C) $19,140.20

D) $27,797.84

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