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answer with excel please. 9. Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments.
answer with excel please.
9. Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in three equal annual installments. The interest paid in the third year is (4 points) Step by Step Solution
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