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Submit Question 13 Homework . Unanswered Suppose your business wants to borrow $5000 from a bank for 3 years. The bank wants a balloon payment

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Submit Question 13 Homework . Unanswered Suppose your business wants to borrow $5000 from a bank for 3 years. The bank wants a balloon payment of $7000 at the end of the loan's term. What is the interest rate implied by this deal? Answer in percent, rounded to one decimal place, Type your numeric answer and submit Unanswered. 3 attempts left Submit Hover over this for Question 13 hint Question 14 Homework. Unanswered If you take out an amortized loan for $40,000 at an interest rate of 5.0% for 20 years, what are the annual payments you'd have to make to pay it off? Round to the nearest dollar. Type your numeric answer and submit Unanswered 3 attempts left Submit Question 15 Homework Unanswered Suppose you are buying a car for $50,000. You will make a 10% down payment and take out a loan for the rest. You are offered a 4.0% fixed rate loan for 3 years. How much will your monthly payments be? Round to the nearest dollar. Type your numeric answer and submit

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