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If you buy a store worth $240,000 with 15 percent down. The balance is to be paid off with equal annual payments at the end
If you buy a store worth $240,000 with 15 percent down. The balance is to be paid off with equal annual payments at the end of each year over 30 years at a 5.6 percent rate of interest. What is the amount of the annual payment? $14,191.68 $14,225.64 $14,254.76 $14,289.37 $14,311.15
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