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considering Present value of an annuity of $1, is 7.786. Adones borrows $25,000 to be repaid over 14 years at 9 percent. Repayment of principal

considering Present value of an annuity of $1, is 7.786. Adones borrows $25,000 to be repaid over 14 years at 9 percent. Repayment of principal in the first year

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