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Please show all work and steps! Thanks! Question 6 X Your answer is incorrect. Try again. If you borrow $46,000 at 7.5% annual compound interest
Please show all work and steps! Thanks!
Question 6 X Your answer is incorrect. Try again. If you borrow $46,000 at 7.5% annual compound interest and pay it back with 15 equal annual payments, what will be the size of each payment if the first payment occurs 1 year after borrowing the $46,000? 5117.16 Round your answer to 2 decimal places. I he tolerance is 1Step by Step Solution
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