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  3. you plan to borrow $495,000 now and repay it in 25

You plan to borrow $495,000 now and repay it in 25 equal annual installments (payments...

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Accounting

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You plan to borrow $495,000 now and repay it in 25 equal annual installments (payments will be made at the beginning of each year). If the annual interest rate is 10%, how much will your annual payments be? $66,530.50 $54,533.20 $45,686.52 $37,462.95 $49,575.63

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