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Compute the monthly payment required to pay off a $20,000 loan at the end of year 5 given an annual interest rate of 10%. Select

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Compute the monthly payment required to pay off a $20,000 loan at the end of year 5 given an annual interest rate of 10%. Select one: a. $199.99 X b. $275.50 c. $399.45 O d. $258.27 e. $225.90

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