What is the scheduled loan payment for a $73,941 loan taken out for 26 years...
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What is the scheduled loan payment for a $73,941 loan taken out for 26 years at an 11.5 percent annual interest rate, if interest is compounded on a quarterly basis? How much total interest is paid in 26 years?
A.$2244; $159,381
B.$747; $159,026
C.$2244; $150,450
D.$747; $243,561
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