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Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Pori has taked an elderly woman into loaning him

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Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Pori has taked an elderly woman into loaning him $10,000 for a new business venture. She has, however Successfully passed a finance dass and requires Chuck to sign a binding contract on repayment of the $10,000 with an annual interest rate of over the next 15 years Determine the cash fowo the woman under all amortized loan, in which Ponzi will make equal annual payments at the end of each year so that the final payment will completely refire the original $10,000 ban What is the amount of payment that the woman will receive at the end of years through 157 (Round to the nearest Cont) Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Pori has taked an elderly woman into loaning him $10,000 for a new business venture. She has, however Successfully passed a finance dass and requires Chuck to sign a binding contract on repayment of the $10,000 with an annual interest rate of over the next 15 years Determine the cash fowo the woman under all amortized loan, in which Ponzi will make equal annual payments at the end of each year so that the final payment will completely refire the original $10,000 ban What is the amount of payment that the woman will receive at the end of years through 157 (Round to the nearest Cont)

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