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A borrower had a loan of $90,000.00 at 6% compounded annually with 13 payments. A. The annual payment is ? B. Suppose the borrower paid

A borrower had a loan of $90,000.00 at 6% compounded annually with 13 payments.

A. The annual payment is ?

B. Suppose the borrower paid off the loan after 7 years. The amount needed to pay off this loan after 7 years is ?

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