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You borrow $20,000 for 4 years at 10%. Your annual payment will be. A. $5,000 B. $6309 C. $7,000 D. $4,309

You borrow $20,000 for 4 years at 10%. Your annual payment will be.

A. $5,000

B. $6309

C. $7,000

D. $4,309

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