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Suppose that you borrowed $30,000 using a 3-year loan with an annual interest rate of 8% with monthly payments and compounding. How much interest will

Suppose that you borrowed $30,000 using a 3-year loan with an annual interest rate of 8% with monthly payments and compounding. How much interest will the 23rd payment contain? $76.83 $78.50 $91.86 $83.51

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