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For each of the following, calculate the payment each loan would require. Assume the payments are made at the end of the period each case.

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For each of the following, calculate the payment each loan would require. Assume the payments are made at the end of the period each case. Interest rate are annual rates. Principal = $30,000; interest rate = 5%; term = 5 years; payments = annual Principal = $30,000; interest rate = 8%; term = 5 years; payments = annual Principal = $30,000; interest rate = 8%; term = 10 years; payments = annual Principal = $30,000; interest rate = 8%; term = 10 years; payments = semi-annual Principal = $30,000; interest rate = 12%; term = 2 years; payments = monthly

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