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or ( c ) $ 1 , 4 0 0 , 0 0 0 for 2 7 years? What is the effective annual rate of

or $($ c $)$ $ $1, 400, 000$ for $27$ years? What is the effective annual rate of each of these loans?

$($ a $)$ What is the monthly payment if a loan is for $ $105, 000$ for $4$ years?

$ $($ Round to the nearest cent. $)$

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Question

or ( c ) $ 1 , 4 0 0 , 0 0 0 for 2 7 years? What is the effective annual rate of

or (c) $1,400,000 for 27 years? What is the effective annual rate of each of these loans? (a) What is the monthly payment if a loan is for $105,000 for 4 years? $(Round to the nearest cent.)

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or $($ c $)$ $ $1, 400, 000$ for $27$ years? What is the effective annual rate of each of these loans?

$($ a $)$ What is the monthly payment if a loan is for $ $105, 000$ for $4$ years?

$ $($ Round to the nearest cent. $)$