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Suppose you take a 5-year loan of $50,000 with an interest rate of 11% and annual payments starting at the end of the year. The

Suppose you take a 5-year loan of $50,000 with an interest rate of 11% and annual payments starting at the end of the year. The loan payments are $13528.52 per year. Suppose you decide to pay off the loan at time 4. How much would you have to pay (including the time 4 payment), assuming there are no penalties for early repayment?

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