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Mathematics, 30.10.2021 22:40 Kitkatuu

A loan of $50,000 is to be repaid in 8 equal end-of-year payments at 10% a. After 3 years, how much of the loan would be paid? b. How much would it cost to buy down the interest to 9%?

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A loan of $50,000 is to be repaid in 8 equal end-of-year payments at 10% a. After 3 years, how much...
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