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O $11,204,17 Question 8 1 pts The McDonald Group obtained a loan of $960,000 to purchase a piece of property. The loan terms require monthly

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O $11,204,17 Question 8 1 pts The McDonald Group obtained a loan of $960,000 to purchase a piece of property. The loan terms require monthly payments for 15 years at an annual percentage rate of 7.75% compounded monthly. What is the amount of each mortgage payment? O $8,978.26 O $9,399.18 O$7,440.01 O $9,413.67 O $9,036.25 Question 9 Using the balance sheet model of the firm, finance may be thought of as analysis of three primar

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