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x1=30000 x2=8% Question 1: If you borrowed $xl at x2% annual interest. You agreed to repay the loan with five equal annual payments. How much

x1=30000
x2=8%

Question 1: If you borrowed $xl at x2% annual interest. You agreed to repay the loan with five equal annual payments. How much of the total amount repaid is interest? How much of the third annual payment is interest, and how much principal is there? If you decided to pay off your loan after the third payment, how much will you pay

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