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Wilson Electronics just took out a $90,000, 15-year, 6.5 percent, interest-only loan from the bank. Payments are made annually. What is the amount of the
Wilson Electronics just took out a $90,000, 15-year, 6.5 percent, interest-only loan from the bank. Payments are made annually.
What is the amount of the loan payment in year 4? $
What is the amount of the loan payment in year 15?
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