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In December 2019, Dayanara bought a new BMW 328i car for $ 70,000 paying $ 8,000 suddenly. This agreed with Bank XYZ to pay the

In December 2019, Dayanara bought a new BMW 328i car for $ 70,000 paying $ 8,000 suddenly. This agreed with Bank XYZ to pay the balance making equal annual payments in 6 years, at 9% interest.

a. Determine the amount of the annual payment that will pay off the debt.

b. Make the amortization table.

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