if you borrow $12,600 with an interest rate of 8 percent, to be repaid in five equal yearly payments at the end of the next five years, what would be the amount of each payment! Use Exhibit 1-0. (Round time value factor to 3 decimal places and final answer to 2 decimal places.) Amount of each payment SZ LET 06690 * CHO FERIE 60 TOT OBZ 4 09011 185 6060 TEXT TO 0.012 175 2331 140 3890 CHE SZZZ OCPE HE COOC CSBT SMS OS LAS DE COS 000 TECH EVES ZOD FEE 5780 COS OOL 202 LORES 1265 SISID VOX CEOS ZOTE DEZA 0.60 982' OCE KO OGS Exhibit 1. Present value of $i received at the end of each period for a given number of time periods (an annuity) Period 14 44 1 0.980 0.902 07952 09351 0.9201 1970 159402 1. 1.000 1.78 23941 2723 12.673 2.624 S6 365 4713 4.500 4.3291 15001 5,4171 DZO 48917 2 6.720 6472 22 5,206 7632 6,463 DETO B.500 7439 CD 10 6.222 RO 9/07 2 2.402 1057 0950 B IN 7.30 11.40 10035 1.358 12.106 1200 T. 1745 DOS 1200 115.2 10 RON 10/12 TO 11.052 KOS TO 07 135100 12 TO 03 12.6591 10.050 151670 11 11.15 10130 20 16151 14032 12,42 10.500 WEB 25 102023 1/13 15.022 1403 11264 10.0/5 25.000 15.372 12.40 11:2500 40 328351 272333 19.7931 15,040 13332 31424 15,762 13 01 SERS OCES 0 01 II CIVI 00 CESS OS 29 MUS DCO'S JO 6.505 RO SSOR PEIZI ROLET 109/ se 9000 C901 ULIT 14 0.005 60114 ZAOB SHA 670 7700 LO E 2022 LEGE TECE 20 1601 VSET FEE COS 00091 OL 9 SZOK 09 SHOP RA PICO 090 7.900 YOUR 01 95 0668 OLD RO WOT ES TO 20 TO I IS 200 OURT CT CZE 59 109 61 STT CE foner 651 21 SCOTT IZS DAR