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Giovanna will be borrowing $100,000 today to open her own business, and she will pay it back with 20 yearly payments starting one year from

Giovanna will be borrowing $100,000 today to open her own business, and she will pay it back with 20 yearly payments starting one year from today. If the effective annual interest rate is 12%, how much will the final payment be if the amount of principal reduced each year is constant

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