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Prescott Bank offers you a $22,000, 6-year term loan at 6 percent annual interest. What will your annual loan payment be? Multiple Choice $4,334.38 $4,458.98

Prescott Bank offers you a $22,000, 6-year term loan at 6 percent annual interest. What will your annual loan payment be?

Multiple Choice

  • $4,334.38

  • $4,458.98

  • $4,615.51

  • $4,787.16

  • $4,473.98

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