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Question 7 Not complete Marked out of 100 P routin Solving for Annuity Amount per Period Allack Int borrowed $25,000 and agreed to pay off

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Question 7 Not complete Marked out of 100 P routin Solving for Annuity Amount per Period Allack Int borrowed $25,000 and agreed to pay off the loan over 5 years by making equal year-end payments.compounded annually at om a What is the annual payment amount? b. What is the annual payment amount if the interest rate increased to 127 Round answers to the nearest whole dollar Do not use a negative sign with your answer Check

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