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In an amortization table for a four-year loan of $93,260, given an interest rate of 11%, how much will the principal payment be in the
In an amortization table for a four-year loan of $93,260, given an interest rate of 11%, how much will the principal payment be in the fourth year if the loan calls for equal payments? Select one: a. $30,060.16 b.$28,390.5 c. $27,081 d. $23,460
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