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Maria plans to buy a motor: she borrows $3500 af 10 percent annually compounded interest to be repaid in three equal annual installments, Answer the

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Maria plans to buy a motor: she borrows $3500 af 10 percent annually compounded interest to be repaid in three equal annual installments, Answer the following: The loan payment in the second year. The interest paid in the flest year: The beginning principal of the second year The ending principal of the third year L

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