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A debt of $3248 with interest at 5.9% compounded annually is to be repaid by equal payments at the end of each year for 4

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A debt of $3248 with interest at 5.9% compounded annually is to be repaid by equal payments at the end of each year for 4 years. What is the size of the payment (PMT)? a. PMT=$883.10 b. PMT=$941.90 c. PMT =$935.20 d. PMT=$913.57

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