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Consider an amortized loan of $37,000 at an interest rate of 6.9% for 5 years. How much will your annual payments be? Round to the

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Consider an amortized loan of $37,000 at an interest rate of 6.9% for 5 years. How much will your annual payments be? Round to the nearest dollar. Consider an amortized loan of $41,000 at an interest rate of 7.9% for 8 years. What is the total interest owed? Round to the nearest dollar

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