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5. You would like to borrow $20,000 from a local bank. You will make equal monthly payments over a four-year period. What will your monthly

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5. You would like to borrow $20,000 from a local bank. You will make equal monthly payments over a four-year period. What will your monthly payment be if yearly interest rates are 9%? a. $378 $498 b. d. $488 $536 c

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