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Ruthy borrows $60,000 from the Mighty Bank today and the Bank requests her to repay her loan in three equal payments along with 9% interest.

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Ruthy borrows $60,000 from the Mighty Bank today and the Bank requests her to repay her loan in three equal payments along with 9% interest. Each of the three payments must be paid at the end of the next three years. What is the amount of each payment

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