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Ms Eliza Doolittle gets a $ 1 4 , 0 0 0 bank loan which has an interest rate of 9 % compounded annually and

Ms Eliza Doolittle gets a $14,000 bank loan which has an interest rate of 9%
compounded annually and calls for six equal annual payments (first payment one
year from now).(50 points)
a. How large must each annual payment be?
b. How much interest is paid in the second year?
c. What is the ending balance at the end of the second year?
d. Now assume that together with the last annual payment Ms Doolittle will make
a balloon payment of $3,000. Given the balloon payment, how large must each
annual payment be?
PLEASE HELP ME TO SOLVE IT WITH USING THE TABLES OF PVIF PVIFA FVIF FVIFA
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