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Question 5 (1 point) Ace Industries borrowed $150,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up to the next

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Question 5 (1 point) Ace Industries borrowed $150,000 amortized over 10 years at a rate of j12=4.8% with monthly payments (rounded up to the next cent). Calculate their final payment. Your Answer: Answer Question 6 (1 point) Tai consolidated her outstanding debt into a low-interest personal loan of $50,000 at a rate of 6% compounded monthly (12) for a term of 10 years. How much will she owe on her loan after 5 years of payments? When calculating her original payment, round it up to the next cent before proceeding to the balance calculation. Your

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