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meli

A $20,000 debt is to be paid off with $2,000 annual payments at the end of each year at a %10 annual interest rate. The final payout will be adjusted to be higher than regular payouts. Which of the following equations should be used to find the final payment (X)?

Note: This is a multiple-response question. There may be more than one correct choice. There exists at least one wrong choice.

a) 20000-2000ab+X(1.1)"

b) 2000s+x=20000(1.1)"

c) X+2000s (1.1)=20000(1.1)"

d) 20000 20001 +X =

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