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Emily Morrison purchased a new house for $100,000. She paid $40,000 upfront and agreed to pay the rest over the next 10 years in 10
Emily Morrison purchased a new house for $100,000. She paid $40,000 upfront and agreed to pay the rest over the next 10 years in 10 equal annual payments that include principal payments plus 15 percent compound interest on the unpaid balance. What will be these equal payments be
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