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Question 20 1 pts You plan to borrow $45,200 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7

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Question 20 1 pts You plan to borrow $45,200 at a 7.5% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year payments. How much interest would you be paying in Year 2? $2,403.37 $2,703.80 O$2,854.01 $3,004.22 $3,454.85

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