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Class: look at the definitions on page 449 and 450 that describe the details of a typical student loan of car loan. Give an example

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Class: look at the definitions on page 449 and 450 that describe the details of a typical student loan of car loan. Give an example List the following for your example: Who is the maker of the loan? b Who is the payer of the loan? How much is the principal in dollars? d What is the interest rate? How long is the interest period in years the interest rate annual rate? When is the matunty date? Class: look at the definitions on page 449 and 450 that describe the details of a typical student loan of car loan. Give an example List the following for your example: Who is the maker of the loan? b Who is the payer of the loan? How much is the principal in dollars? d What is the interest rate? How long is the interest period in years the interest rate annual rate? When is the matunty date

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