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Dinero Bank offers you a $31,000, 7-year term loan at 12 percent annual interest. Required: What will your annual loan payment be? $6,792.65 $7,009.43 $6,578.67
Dinero Bank offers you a $31,000, 7-year term loan at 12 percent annual interest. Required: What will your annual loan payment be?
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$6,792.65
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$7,009.43
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$6,578.67
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$3,887.96
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$7,268.14
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