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Question 1 1 pts You borrowed $616,000. You will pay back the loan in 5 annual payments. The interest rate is 6%. What is the
Question 1 1 pts You borrowed $616,000. You will pay back the loan in 5 annual payments. The interest rate is 6%. What is the amount of interest in the second payment? Round your answer to 2 decimals, for example 100.12
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