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Loan Payments (Annual) a. If you take out an $12,500 car loan that calls for...

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Loan Payments (Annual) a. If you take out an $12,500 car loan that calls for 6 annual payments starting at the end of the year. The car loan has an interest rate of 13.30%, what is your annual payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual Payments .b If you take out an $12,500 car loan that calls for 6 annual payments starting at the beginning of the year. The car loan has an interest rate of 13.30%, what is your annual payment? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Annual Payments

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