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If you borrow $14,500 with a 8 percent interest rate to be repaid in six equal payments at the end of the next six years,

If you borrow $14,500 with a 8 percent interest rate to be repaid in six equal payments at the end of the next six years, what the amount of each payment? Use Exhibit 1-D. (Round your PVA factor to 3 decimal places and final answer to 2 decimal p

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