Question: You borrowed $ 6 2 0 , 0 0 0 under the following terms: Duration: 5 years. Interest: 1 0 % compounded annually. What is

You borrowed $620,000 under the following terms:
Duration: 5 years. Interest: 10% compounded annually.
What is the annual payment you will have to make?
You borrowed $620,000 under the following terms: Duration: 5 years. Interest:

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