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A. What would the monthly loan payment be for a $30,000 loan at 4.8% APR for 7 years? B. How much would the PV of
A. What would the monthly loan payment be for a $30,000 loan at 4.8% APR for 7 years? B. How much would the PV of $1,000,000 in 45 years be using a discount rate of 8.5%? C. How much would an investor have to invest today to produce a monthly ordinary annuity of $3,000 payable for 30 years assuming an annual rate of return of 6%
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