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Suppose you take a 6 year loan of $20,000 with an interest rate of 8% and annual payments starting at the end of year 1

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Suppose you take a 6 year loan of $20,000 with an interest rate of 8% and annual payments starting at the end of year 1 . What are the annual loan payments? Enter your response below. Click "Verify" to proceed to the next part of the question. Section Attempt 1 of 1

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