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You have received a $10,000 loan from your bank for 10 years. Ifthe bank charges you 5% interest, how much do you need pay back

You have received a $10,000 loan from your bank for 10 years. Ifthe bank charges you 5% interest, how much do you need pay back tothe bank at the end of each year if the loan is an amortizedloan.2 2 answers

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