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Lou Lewis borrows $10,000to be repaid over 10 years at 9 percent. Repayment of principal in the firstyear is:
Lou Lewis borrows $10,000
to be repaid over 10 years at 9 percent. Repayment of principal in the first
year is:
$885.00001
$658.56470
$742.87110
$1,558.20090
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