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Lou Lewis borrows $30,000 to be repaid over 11 years at 8 percent. Repayment of principal in the first year is: Use Appendix D to

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Lou Lewis borrows $30,000 to be repaid over 11 years at 8 percent. Repayment of principal in the first year is: Use Appendix D to calculate the answer. (Round your intermediate calculations to the nearest dollar value.) Multiple Choice 0 $2,029 0 $4,202 0 $1,802

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