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Lorkax Seidens Inc. just borrowed $250,000. The loan is to be repaid in equal installments at the end of each of the next thirty years,

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Lorkax Seidens Inc. just borrowed $250,000. The loan is to be repaid in equal installments at the end of each of the next thirty years, and the interest rate is eight percent. 18. What is the annual payment that the company has_ to make? 19. How much of the tenth payment is used to pay for interest? 20. How much of the twentieth payment is used to pay for principal

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