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the First Federal Bank is advertised one of this loan offerings as follows we will lend you 1 0 0 K for up to 5

the First Federal Bank is advertised one of this loan offerings as follows we will lend you 100K for up to 5 years then APR of 9.5 interest compound monthly if you borrow $100,000 for one year and pay it off on a monthly basis how much interest will you pay

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