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Adams Taylor is settling a $22,000 loan due today by making 6 equal annual payments of $5,051.36. Click here to view factor tables What payments
Adams Taylor is settling a $22,000 loan due today by making 6 equal annual payments of $5,051.36. Click here to view factor tables What payments must Adams Taylor make to settle the loan at an interest rate of 10%, but with the 6 payments beginning on the day the loan is signed? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to O decimal places, e.g. 458,581.) Payments $ $
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