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A bank offers a home buyer a 20-year loan at 6% per year. If the home buyer borrows $90,000 from the bank, how much must
A bank offers a home buyer a
20-year
loan at
6%
per year. If the home buyer borrows
$90,000
from the bank, how much must be repaid every year?
A.
$12,554.58
B.
$10,985.25
C.
$9,415.93
D.$7,846.61
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