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Cooley Landscaping needs to borrow $ 28,000 for a newfront-end dirt loader. The bank is willing to loan the money at 9 % interest for

Cooley Landscaping needs to borrow $28,000 for a newfront-end dirt loader. The bank is willing to loan the money at

9% interest for the next

6 years with annual, semiannual, quarterly, or monthly payments. What are the different payments that Cooley Landscaping could choose for these different paymentplans?

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