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Time Runn 57 Minutes ements Question 1 1 pts Ents ons You make annual end-of-year payments of $6,260.96 on a five-year loan with an 8

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Time Runn 57 Minutes ements Question 1 1 pts Ents ons You make annual end-of-year payments of $6,260.96 on a five-year loan with an 8 percent interest rate. The original principal amount was... $31.000 None of the given answers is correct $30,000 $24.998 $20,000 brations Drive Question 2 1 pts 1 Resources You borrow $15,000 from a bank at 10 percent annually compounded interest to be repaid in six equal installments. Calculate the interest paid in the second year. None of the given answers is correct $1.2253 $1.500,0 $2,5000 51,305.6 Question 3

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