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A bank offers a home buyer a 20 -year loan at 6 % per year. If the home buyer borrows $ 110000 from the bank,

A bank offers a home buyer a

-year

loan at

per year. If the home buyer borrows

$ 110000

from the bank, how much must be repaid every year?

$ 11508.36

$ 15344.48

$ 9590.30

$ 13426.42

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