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Today, you loaned $400,000 at an interest rate of 4.75% per year. If the borrower makes 10 annual payments of equal amounts to repay the

Today, you loaned $400,000 at an interest rate of 4.75% per year. If the borrower makes 10 annual payments of equal amounts to repay the loan, what amount should you expect to receive from the borrower each year?

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