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You get a loan from the bank for around $35,000 with a 20-year repayment plan. The first payment does not start till Year 3 and
You get a loan from the bank for around $35,000 with a 20-year repayment plan. The first payment does not start till Year 3 and you are on track to do 20 payments. Calculate the amount for each payment and this has an annual interest rate of 7%?
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