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Steve Taylor is settling a $21,320 loan due today by making 6 equal annual payments of $4,752.65. Click here to view factor tables What payments
Steve Taylor is settling a $21,320 loan due today by making 6 equal annual payments of $4,752.65. Click here to view factor tables What payments must Steve Taylor make to settle the loan at an interest rate of 9%, but with the 6 payments beginning on the day the loan is signed? (Round factor values to 5 decimal ploces, es. 1.25124 and final answers to 0 decimal places, es. 458,581.) Payments
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