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Your company is planning to borrow $ 5 0 0 , 0 0 0 on a 2 5 year, 7 percent, annual payment fully amortized
Your company is planning to borrow $ on a year, percent, annual payment fully amortized term loan. What fraction of the payment made at the end of the eleventh year will represent repayment of principal?ABCDE None of the above
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