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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 londer

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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 londer offers you a 9% Interest rate on the loan and also offers to structure it 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 asa: a) discount loan? b) interest-only loan? c) amortized loan? Which of these loans will collect the lowest amount of interest over the ife of loan? O A amortized loan OB discount loan OC. Interest-only loan

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