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Charlotte buys a piece of real estate for $280.000. To fund this purchase, she takes out a 25-year loan for the full purchase price at
Charlotte buys a piece of real estate for $280.000. To fund this purchase, she takes out a 25-year loan for the full purchase price at an interest rate of 7% per year (EAR). What is the annual loan payment that Charlotte must make on This loan? O A $33.637.72 OB. 28.832 33 OC. $24.026.94 OD 338.443.10
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