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You receive a loan of $200,000 at an interest rate of 4.5% per year. What are the uniform annual payments required to repay the debt and interest over a period of 12 years?

You receive a loan of $200,000 at an interest rate of 4.5% per year.

You receive a loan of $200,000 at an interest rate of 4.5% per year.

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Question
You receive a loan of $200,000 at an interest rate of 4.5% per year. What are the uniform annual payments required to repay the debt and interest over a period of 12 years?

You receive a loan of $200,000 at an interest rate of 4.5% per year.


 

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The post You receive a loan of $200,000 at an interest rate of 4.5% per year. What are the uniform annual payments required to repay the debt and interest over a period of 12 years? appeared first on Wise Papers.

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