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You borrow $17,000 as an INTEREST-ONLY LOAN for 3 years. What is the total amount that you need to pay to the lender for this

You borrow $17,000 as an INTEREST-ONLY LOAN for 3 years. What is the total amount that you need to pay to the lender for this loan if the interest rate is 8 %?

$ 4,080

$ 1,360

$ 19,090

$ 21,080

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