Question: 09.03-PR017 Recall Problem 09.02-PR018. Suppose both models will require a loan of $40,000 at an interest rate of 17%, with payment using Plan 1 over

09.03-PR017 Recall Problem 09.02-PR018. Suppose both models will require a loan of

$40,000 at an interest rate of 17%, with payment using Plan 1 over a period of 4 years.

Rework the problem.

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