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32) For a loan of $14,000 at 4.00% paid monthly over 60 months, how much principal is paid off half-way through (after 30 months)? And,

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32) For a loan of $14,000 at 4.00% paid monthly over 60 months, how much principal is paid off half-way through (after 30 months)? And, how much interest is paid through the entire life of the 60 months? A) $6,651 and $1,470 B) $12,442 and $1,560 C) $2,335 and $12,556 D) $5,667 and $5,600 33) When we use the term "interest rate' while calculating Time Value of Money questions, it is synonymous with A) Discount rate B) Cost of Capital C) Opportunity Cost of Capital 1 D) All of the above

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