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Business, 16.04.2020 03:55 arielcainess

When you purchased your car, you took out a five-year annual-payment loan with an interest rate of 6.3 % per year. The annual payment on the car is $ 5 comma 000. You have just made a payment and have now decided to pay off the loan by repaying the outstanding balance. What is the payoff amount for the following scenarios?

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