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Corey buys 10 Tufflift 4-post, 4.5-ton car hoists for his parking garage at a total cost of $463,000. He finances this with a five-year loan

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Corey buys 10 Tufflift 4-post, 4.5-ton car hoists for his parking garage at a total cost of $463,000. He finances this with a five-year loan at 9% APR with monthly payments. After he has made the first 20 payments, how much is the outstanding principal balance on his loan? HU O A. $463,503 O B. $331,074 O C. $264 859 O D. $662,147

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