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QUESTION 12 Statue Builders, Inc. took out a loan for $244,564 that has to be repaid in 9 equal annual installments. The APR on the

QUESTION 12 Statue Builders, Inc. took out a loan for $244,564 that has to be repaid in 9 equal annual installments. The APR on the loan is 6.49 percent. How much of the second payment is interest

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