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You take out a loan for $5000 at an annual interest rate of 5%. You must pay back the loan in 5 annual installments. What's

You take out a loan for $5000 at an annual interest rate of 5%. You must pay back the loan in 5 annual installments. What's your annual payment? A.$1,154

B.$1,554

C.$1,050

D.$948

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