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if you borrow $24000 now at an interest rate of 10% per year and promise to repay the loan with $3695 per year starting 1
if you borrow $24000 now at an interest rate of 10% per year and promise to repay the loan with $3695 per year starting 1 year from now, the number of payments that you will have to make is closest to ?
include cash flow diagram.
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