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Please show formula and working as well. Thank you! You are about to borrow ( $ 10,000 ) from a bank at an interest rate

Please show formula and working as well. Thank you! You are about to borrow \( \$ 10,000 \) from a bank at an interest rate of \( 9 \% \) compounded annually. You are required to make five equal annual repayments in the amount of \( \$ 2,571 \) per yea 2 answers

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