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Prescott Bank offers you a $37,000, 6-year term loan at 11 percent annual interest. What will your annual loan payment be? A.$8,495.47 B. $8,745.93 C.

Prescott Bank offers you a $37,000, 6-year term loan at 11 percent annual interest. What will your annual loan payment be?

A.$8,495.47

B. $8,745.93

C. $8,999.35

D. $9,358.15

E. $4,676.34

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