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Hello, may you please answer all parts? Thank you :) Quantitative Problem: You need $11,000 to purchase a used car. Your wealthy uncle is willing

Hello, may you please answer all parts? Thank you :)
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Quantitative Problem: You need $11,000 to purchase a used car. Your wealthy uncle is willing to lend you the money as an amortized loan. He would she you to make annual payments for 4 years, with the first payment to be made one year from today. He requires a % annual return a. What will be your annual loan payments? Do not round Intermediate calculations. Round your answer to the nearest cent S 5. How much of your first payment will be applied to interest and to principal repayment? Do not found intermediate calculation. Round your answers to the rest cont Interestis Principal repayments

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