Question: Adones borrows $ 3 3 , 0 0 0 to be repaid over 1 4 years at 1 1 percent. Repayment of principal in the

Adones borrows $33,000 to be repaid over 14 years at 11 percent. Repayment of principal in the frst year is Use Acornoli, D to calculate the answer Note: Round your intermediete calculations to the nearest dollar value.
Mahple Choice
$4,726
$1,056
$1180
50323
Adones borrows $ 3 3 , 0 0 0 to be repaid over 1

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