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an amount of $15,000 is borrowed at 8% interest for 6 years. The loan is to be paid off in 6 equal end-of-year payments. The

an amount of $15,000 is borrowed at 8% interest for 6 years. The loan is to be paid off in 6 equal end-of-year payments. The amount of this payment is most nearly?

a. $2500

b. $2610

c. $3245

d. $3444

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