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A loan of $ 4 3 0 0 is due in 6 years. If money is worth 5 . 3 % compounded annually, find the
A loan of $ is due in years. If money is worth compounded annually, find the equivalent payments that would settle the debt at the times shown below.
a now
b in years
c in years
d in years
a The equivalent loan payment is $
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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