Question: Question 16 5 points Save Answer You have borrowed $30,000 to buy a new home. You plan to make annual payments over a year period.

Question 16 5 points Save Answer You have borrowed $30,000 to buy a new home. You plan to make annual payments over a year period. The bank has offered you a 9% Interest rate compounded annually. What will be the outstanding balance of Loan) in year 47 You can show your workings by creating an amortization table using the table option in toolbar above or just writeRt as you want. Arial : 34 T.E.E. *

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