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Finance Assignment | Professional Writing

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May 27th, 2020

A bank offers a home buyer a 30​-year loan at 6​% per year. If the home buyer borrows $120,000 from the​ bank, how much must be repaid every​ year?

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A. $10,461.44

B. $12,205.02

C. $13,948.59

D. $8,717.87

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