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You plan to finance the purchase of a new house by borrowing money and making annual payments on the loan. Which time value of money
You plan to finance the purchase of a new house by borrowing money and making annual payments on the loan. Which time value of money table would you use to help determine the total amount of interest youll pay over the life of the loan?
A.Present value of an annuity of $1
B.Future value of an annuity of $1
C.Future value of $1
D.Present value of $1
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