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Lou Lewis borrows $17,000 to be repaid over 14 years at 7 percent. Repayment of principal in the first year is: UseAppendix Dto calculate the
Lou Lewis borrows $17,000 to be repaid over 14 years at 7 percent. Repayment of principal in the first year is: UseAppendix Dto calculate the answer.
Multiple Choice
- $1,944
- $754
- $838
- $981
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