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1 ) Suppose you borrowed $ 1 2 , 0 0 0 at an annual rate of 6 percent interest to buy a car and
Suppose you borrowed $ at an annual rate of percent interest to buy a car and wish to repay it in five equal payments at the end of each of the next five years. Which of the following is the closest to the amount of each of these payments? A $ B $ C $ D $
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