. A lender lends $10,000 today, which is to be repaid in annual payments of $2.000...

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. A lender lends $10,000 today, which is to be repaid in annual payments of $2.000 for 6 years starting in a year. Which of the following shows the timeline of the loan from the lender's perspective? A) Year 1 Year 2 Year 3 $10.000 $2000 $2000 B) Year 1 Year 2 Year 3 Year 4 $10,000 $2000-$2000 -$2000 C) Year 0 Year 1 Year 2 Year 3 $10.000 $2000 $2000 $2000 Year 4 $2000 Year 5 $2000 Year 5 -$2000 Year 4 $2000 D) Year 0 Year 1 Year 2 Year 3 Year 4 $10.000 $2000-$2000-$2000 $2000 Year 6 $2000 Year 6 $2000 Year 5 $2000 Year 5 $2.000 Year 6 $2000 Year 6 $2.000 You are buying a grand piano for $80,000. A 5.5% APR loan with monthly payments is taken out to make the purchase. If the monthly payments are $800, how long will it take to pay off the loan? A. 10 years B. 11 years C. 13 years D. 14 years . A lender lends $10,000 today, which is to be repaid in annual payments of $2.000 for 6 years starting in a year. Which of the following shows the timeline of the loan from the lender's perspective? A) Year 1 Year 2 Year 3 $10.000 $2000 $2000 B) Year 1 Year 2 Year 3 Year 4 $10,000 $2000-$2000 -$2000 C) Year 0 Year 1 Year 2 Year 3 $10.000 $2000 $2000 $2000 Year 4 $2000 Year 5 $2000 Year 5 -$2000 Year 4 $2000 D) Year 0 Year 1 Year 2 Year 3 Year 4 $10.000 $2000-$2000-$2000 $2000 Year 6 $2000 Year 6 $2000 Year 5 $2000 Year 5 $2.000 Year 6 $2000 Year 6 $2.000 You are buying a grand piano for $80,000. A 5.5% APR loan with monthly payments is taken out to make the purchase. If the monthly payments are $800, how long will it take to pay off the loan? A. 10 years B. 11 years C. 13 years D. 14 years

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