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Prescott Bank offers you a $37,000, 7-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $7,351.55 $8,132.00

Prescott Bank offers you a $37,000, 7-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $7,351.55 $8,132.00 O $7.600.00 $5,252.97 O $7851.96

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