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You borrow $220.000. The loan is structured as an amortized loan to be repaid over 3 years with 52 (end-of-period) payments per year. The lender

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You borrow $220.000. The loan is structured as an amortized loan to be repaid over 3 years with 52 (end-of-period) payments per year. The lender is charging you a mate of 15.5% APR (Assume that the lender can continue to eam 1551 by reinvesting the payments) How much interest does the tender earn over the life of the loan $| 51210 X (Round your answer to two decimal places.) Jed wants to borrow $1.000 from you. He is proposing to repay you with three annual payments of $379.69 starting immediately. In addition, he will make a final Tump.cum payment of $150 three years from today. What rate of return are you eaming on the loan Express your answer in percentage form rounded to two decimal places

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