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Mathematics, 07.03.2020 04:48 josie17340

A borrower had a loan of $ 20 comma 000.00 at 5 % compounded annually comma with 7 annual payments. Suppose the borrower paid off the loan after 4 years. Calculate the amount needed to pay off the loan.

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A borrower had a loan of $ 20 comma 000.00 at 5 % compounded annually comma with 7 annual payments....

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