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George makes annual end-of-year payments of $5,043.71 on a four-year loan with an interest rate of 13%. The original principal amount was a. $24,462 b.

George makes annual end-of-year payments of $5,043.71 on a four-year loan with an interest rate of 13%.

The original principal amount was

a. $24,462

b. $15,002

c.$3,092

d. $20,175

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