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Prescott Bank offers you a $39,000, 8-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $7.046.30 $7.822.04

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Prescott Bank offers you a $39,000, 8-year term loan at 10 percent annual interest. What will your annual loan payment be? Multiple Choice $7.046.30 $7.822.04 O O $7,310.32 O $7,578.52 $5,797.15 O

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