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ther Than Monthly PaymentsSuppose you want to borrow $100,000 and you find a bank offering a 20-year loan with an APR of 6%. a. Find

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ther Than Monthly PaymentsSuppose you want to borrow $100,000 and you find a bank offering a 20-year loan with an APR of 6%. a. Find your regular payments if you pay n 1, 12, 26,52 times a year b. Compute the total payout for each of the loans in part c. Compare the total payouts computed in part (b). Discuss the pros and cons of the plans. (a)

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