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Kindle is a startup company that needs to borrow $950,000 to launch their production. Kindle negotiated a loan with 12 percent interest per year. Kindle
Kindle is a startup company that needs to borrow $950,000 to launch their production. Kindle negotiated a loan with 12 percent interest per year. Kindle should pay a fixed amount of money at the end of each year for 10 years. Calculate their fixed annual payments. Enter your answer without $ sign
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