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Payments. Cooley Landscaping Company needs to borrow $29,000 for a newfront-end dirt loader. The bank is willing to loan the funds at 8.5% interest with

Payments. Cooley Landscaping Company needs to borrow $29,000 for a newfront-end dirt loader. The bank is willing to loan the funds at 8.5% interest with annual payments at the end of the year for the next 7 years. What is the annual payment on this loan for Cooley Landscaping?

What is the annual payment on this loan for Cooley Landscaping?

$ :

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