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Bath s Bank offers you a $ 7 1 , 0 0 0 , eight - year term loan at 1 0 . 1 0

Baths Bank offers you a $71,000, eight-year term loan at 10.10 percent annual interest.
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What will your annual loan payment be?(Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g.,32.16).)

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