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If you borrow $800 for three years at an interest rate of 5.4% per year, what is the annual loan payment? 1) $309.48 O2) $295.97

If you borrow $800 for three years at an interest rate of 5.4% per year, what is the annual loan payment? 1) $309.48 O2) $295.97 3) $311.94 4) $331.93 5) $299.63

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