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requires a 5% annual return. a. What will be your annual loan payments? Do not round intermediate calculations. Round your answer to the nearest cent.

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requires a 5% annual return. a. What will be your annual loan payments? Do not round intermediate calculations. Round your answer to the nearest cent. . How much of your first payment will be applied to interest and to principal repayment? Do not round intermediate calculations. Round your answers to the nearest cent. Interest: $ Principal repayment: $

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