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Please show all steps. Thanks. today to be able to I wears from an accounLearn EAQ6U Lol-4 m) Determine a loay Payment Amount: If you

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Please show all steps. Thanks.

today to be able to I wears from an accounLearn EAQ6U Lol-4 m) Determine a loay Payment Amount: If you borrow $8,000 with a 5% interest ratejto be repaid in's p e equal yearly payments, o What would be the amount of each Dayment! Note: Use fi Nauci al caculator or the presents value of an annuity table in the Chapter Appendix)

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