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Suppose you are borrowing $47,000 at an interest rate of 2.7%. You will not make any payments for the first two years. Then, starting at
Suppose you are borrowing $47,000 at an interest rate of 2.7%. You will not make any payments for the first two years. Then, starting at the end of year 3 , you will make 6 annual payments to repay the loan. How much will your annual payments be? Round to the nearest dollar
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