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Problem 16 Intro You want to borrow $600,000 from your bank to buy a business. The loan has an annual interest rate of 3% and

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Problem 16 Intro You want to borrow $600,000 from your bank to buy a business. The loan has an annual interest rate of 3% and calls for equal annual payments over 10 years (starting one year from now), after which the loan is paid back in full Part 1 JB Attempt 1/10 for 10 pts. What is the annual payment you have to make? 0+ decimals Submit

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