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Problem 1: Your firm wants to take a loan of $80,000 to buy a warehouse. The bank offers you a 30-year loan with equal annual payments and an interest rate of 8% per year. How much are the annual loan payments?
a. $8882.74
b. $7950.19
c. $710.62
d. $7106.19
e. $9937.73
Discuss the importance of the "fruits of the poisonous tree" doctrine as it relates to the exclusion of evidence. How does the expectation of privacy apply to overnight guests?
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