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Lou Lewis borrows $20, 000 to be repaid over 9 years at 10 percent. Repayment of principal in the first year is: Use Appendix D.

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Lou Lewis borrows $20, 000 to be repaid over 9 years at 10 percent. Repayment of principal in the first year is: Use Appendix D. (Round "PV Factor" to 3 decimal places. Round your Intermediate calculations to the nearest dollar value.) $1.700 $1.557 $1.473 $3.473

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