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If you borrow $12,000 at a 6% interest rate for 5 years, how much would you have to pay each year? $16,058.71 $2,848.76 $8,967.10 $2,128.76

If you borrow $12,000 at a 6% interest rate for 5 years, how much would you have to pay each year?

$16,058.71

$2,848.76

$8,967.10

$2,128.76

$3,120.00

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