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help im stuck You are looking to take out a $57.000 loan to pay for school. The loan would be a five-year loan. The lender

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You are looking to take out a $57.000 loan to pay for school. The loan would be a five-year loan. The lender offers you a 9% interest rate on the loan and also offers to structure in one of three ways: a) As a discount loan b) As an interest-only loan c) As an amortized loan Rounded to the nearest whole dollar, what will be your balance at the end of year 1 if you take the loan as a a) discount loan? 20 b) interest.enly loan? 2 c) amortized loan? pm Which of the loans wil collect the lowest amount of interest over the le of loan? O Amortized loan OB discount loan Onterest-only loan

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