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Intro You want to borrow $600,000 from your bank to buy a business. The loan has an annual interest rate of 7% and calls for

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Intro You want to borrow $600,000 from your bank to buy a business. The loan has an annual interest rate of 7% and calls for equal annual payments over 10 years (starting one year from now), after which the loan is paid back in full. Part 1 B Attempt 1/10 for 1 pts. What is the annual payment you have to make? 0+ decimals Submit 3 Intro You decided to save $600 every year, starting one year from now, in a savings account that pays an annual interest rate of 7%. Part 1 Attempt 1/10 for 1 pts. How many years will it take until you have $100,000 in the account? 1+ decimals Submit

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