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Posted on Sep 10, 2024

You borrowed $ 6 2 0 , 0 0 0 under the following terms: Duration: 5 years. Interest: 1 0 % compounded annually. What is

You borrowed $

620, 000

under the following terms:

Duration:

5

years. Interest:

10 %

compounded annually.

What is the annual payment you will have to make?

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