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Prescott Bank offers you a $38,000, 6-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $8,982.31 $8,725.08

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Prescott Bank offers you a $38,000, 6-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $8,982.31 $8,725.08 $9,335.84 $8,470.95 C $5.147.98

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