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You decide to start your own company and borrow $750000. You plan to fully amortize one-half of the loan with a balloon payment at the

You decide to start your own company and borrow $750000. You plan to fully amortize one-half of the loan with a balloon payment at the end of the term of the loan in 5 years. What would be the annual payment? When the loan matures, how much must you pay the lender if the interest rate on the loan is 5.75%(what is final payment)?

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