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you plan to borrow $75,000 at a 7% annual interest rate. the terms require you to amortize the loan with 10 equal end-of-year payments. how
you plan to borrow $75,000 at a 7% annual interest rate. the terms require you to amortize the loan with 10 equal end-of-year payments. how much interest would you be paying in year 2?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
