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Question 4 17 pts Hooper's Store is a company that borrowed $60000. This amount should be payed as follows: $6000 at the end of year
Question 4 17 pts Hooper's Store is a company that borrowed $60000. This amount should be payed as follows: $6000 at the end of year 1, $5800 at the end of year 2, $5600 at the end of year 3, $5400 at the end of year 4, and $5200 at the end of year 5. The interest rate for this loan is 7%. >>> Question: How much should be paid at the end of year 6 to finalize the loan? 33251.51 55419.19 O 27709.6 44335.35
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