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A client owes you $ 1 0 0 , 0 0 0 . This amount is seriously delinquent, so you have offered to accept weekly

A client owes you $

100, 000 .

This amount is seriously delinquent, so you have offered to accept weekly payments for one year at an APR of

9.0

percent to settle this debt in full. What is the amount of each payment? There are

52

weeks in a year.

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