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Need help with this finance question 6. $67,000 is borrowed, to be repaid in three equal, annual payments with 9% interest. Approximately how much principal
Need help with this finance question
6. $67,000 is borrowed, to be repaid in three equal, annual payments with 9% interest. Approximately how much principal is amortized with the first payment? (Do not round intermediate calculations. Round your answer to 2 decimal places) O $26,468.67 $6,030.00 O $2,382.18 O $20,438.67 Step by Step Solution
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