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Chris Taylor is settling a $18,860 loan due today by making 6 equal annual payments of $4,458.06. Click here to view factor tables What payments

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Chris Taylor is settling a $18,860 loan due today by making 6 equal annual payments of $4,458.06. Click here to view factor tables What payments must Chris Taylor make to settle the loan at an interest rate of 11%, but with the 6 payments beginning on the day the loan is signed? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 458,581) Payments

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