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Homework: Chapter 4 Homework Save Score: 0 of 1 pt 11 of 128 complete HW Score: 40%, 4.8 of 12 pts P4-20 (similar to) Question

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Homework: Chapter 4 Homework Save Score: 0 of 1 pt 11 of 128 complete HW Score: 40%, 4.8 of 12 pts P4-20 (similar to) Question Help Polly amortired foon (annual payments for principal and interest with the same amount each year). Chuck Poruti has takend an elderly woman inte lening him $35.000 for a new business venture. She has however, successfully passed a francese and requires Chuck to sign a binding contract on payment of the $35,000 with an annual interest rate of 6% over the net 5 years. Determine the cash flow to the woman under a My amortized loan, in which Ponai wil make equal un payments at the end of each year so that the final payment will completely retire the original $35,000 loan What is the amount of payment of the woman will receive at the end of you through 57 5 (Round to the nearest cent) fine your rewerbox and then chok Checker A parts showing A

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