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Question 6 (6.66 points) You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 270
Question 6(6.66 points)
You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 270 (first payment made at t = 1), followed by five annual payments of $ 441 , followed by four annual payments of $ 784 . How much did you borrow?(Round your answer to 2 decimal places; record your answer without commas and without a dollar sign)
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