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1. Joe agrees to make the H. payments from the lending investor End-ofyear Payment 5000 6000 7000 8000 5 9000 Required: 5, 3. Determine the

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1. Joe agrees to make the H. payments from the lending investor End-ofyear Payment 5000 6000 7000 8000 5 9000 Required: 5, 3. Determine the amount of moneyr that he can loan from the lending investor. b. In case Joe opts to return the money plus interest in equal endofyear payments, compute the annuities or the amount of annual payments needed to make. Use 12% interest rate

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