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QUESTION 10 Your company just secured a $90,000 loan from an industrial finance company The loan requires beginning of the year payments of $11,535 96.

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QUESTION 10 Your company just secured a $90,000 loan from an industrial finance company The loan requires beginning of the year payments of $11,535 96. If the company is paying 6 percent interest per year, how many loan payments must the company make, rounded to the nearest whole number? O 10 O 11 120 132 None of the above QUESTION 11 If you put $300 in a savings account each year for 15 years and then allow the account to compound (without making any further payments) for an additional 15 years, how much will be in the account at the end of the 30th year? Assume that the account earns 7% and round to the nearest $100 28,300 22.300 20 800 @ 30 300

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