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A five-year $100,000 term loan has an interest rate of 7 percent on the declining balance. What are the equal annual payments required to pay

A five-year $100,000 term loan has an interest rate of 7 percent on the declining balance. What are the equal annual payments required to pay interest and principal on the loan? Construct a table showing the declining balance owed after each payment. *Please show your work* Thank you for your help! :)

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