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After graduating with a Master's Degree in Computer Science, Antonio decided to start his own tech company. In order to pay for computing power and
After graduating with a Master's Degree in Computer Science, Antonio decided to start his own tech company. In order to pay for computing power and other services, Antonio took out a single loan of $ 22 , 000.00 with an interest rate of 4.3 % compounded annually. He set-up the loan to be paid off in 8 years. Answer the questions. Round all answers to 2 decimal places. a) What will his annual payment be? annual payment: $ b) Find the unpaid balance (loan payoff amount) after 3 years. Unpaid balance: $ c) If the company is a
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