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Erindale Bank offers you a $51,000, six-year term loan at 8.0% annual interest. What will your annual loan payment be (Do not round intermediate calculations.

Erindale Bank offers you a $51,000, six-year term loan at 8.0% annual interest. What will your annual loan payment be(Do not round intermediate calculations. Round the final answers to 2 decimal places. Omit $ sign in your response.)

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