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Question 29 (1 point) You plan to borrow $50,000 at a 5% APR for a new Tesla. The terms require you to amortize the loan

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Question 29 (1 point) You plan to borrow $50,000 at a 5% APR for a new Tesla. The terms require you to amortize the loan over 7 years and make monthly payments. How much interest would you be paying in month 2? a) $293.11 Ob) $206.26 c) $308.06 d) $299.09

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