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D Question 1 You take out a boat loan for $55,000. It is 7 years at 8% interest. You already calculated your annual payment to
D Question 1 You take out a boat loan for $55,000. It is 7 years at 8% interest. You already calculated your annual payment to be $10,563.98. How much interest will you pay in year 6? 15 pts
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Financial Management Principles And Applications
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
10th Edition
0131450654, 9780131450653
