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Prescott Bank offers you a $30,000, 10-year term loan at 7 percent annual interest. What will your annual loan payment be? Multiple Choice $4,570.32 $4,271.33

Prescott Bank offers you a $30,000, 10-year term loan at 7 percent annual interest. What will your annual loan payment be? Multiple Choice $4,570.32 $4,271.33 $6,147.16 $4.470.88 $4,076.04

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