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Travis borrowed 10.000 four years ago at an annual interest rate of 7 percent. The loan term is 6 years. Since he borrowed the money,

Travis borrowed 10.000 four years ago at an annual interest rate of 7 percent. The loan term is 6 years. Since he borrowed the money, Travis has been making annual payments of 700 dollars to the bank. Which type of loan does he have? a- interest-only b- pure discount c- compound d- amortized e- comples

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