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Lou Lewis borrows $34,000 to be repaid over 15 years at 12 percent. Repayment of principal in the first year is: Use Appendix D to
Lou Lewis borrows $34,000 to be repaid over 15 years at 12 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 O $1,139 O $4,992 $912 O $996
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