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Q4: Suppose you want to start up a new business and need $100,000 to start up, market and run your business. Because you feel the
Q4: Suppose you want to start up a new business and need $100,000 to start up, market and run your business. Because you feel the business will be short lived for some reason, you would like to pay off this $100,000 balance in a set of five equal payments. Given the interest rate is 14%, what will your monthly annuity payments (five of them) be
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