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Harold took out a 4 year amortized loan for 2 2 , 0 0 0 at 1 0 % to pay his tuition at a

Harold took out a 4 year amortized loan for 22,000 at 10% to pay his tuition at a technical institute after 1 year he refianced the unpaid balance of 17,291 at a 6% interest rate
4 years at 10% is 25.36 On tabel

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