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The following information relates to 5 - 7 . You have been asked to consider four loans from different banks. Each bank has a different

The following information relates to 5-7. You have been asked to consider four loans from different banks. Each bank has a different term as well as a different interest rate.
\table[[Bank Loan,0,1,2,3,4,Interest Rate],[Standard,321,-96,-96,-96,-96,7.30%
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