A borrower had a loan of $ 70,000.00 at 6 % compounded annually comma with 10 annual
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A borrower had a loan of $ 70,000.00 at 6 % compounded annually comma with 10 annual payments. Suppose the borrower paid off the loan after 5 years. Calculate the amount needed to pay off the loan. The amount needed to pay off this loan after 5 years is?
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