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SUPPOSE YOU BORROW $12000 AT A RATE OF 9% AND MUST REPAY IT IN 4 EQUAL INSTALLMENTS AT THE END OF EACH OF THE FOUR

SUPPOSE YOU BORROW $12000 AT A RATE OF 9% AND MUST REPAY IT IN 4 EQUAL INSTALLMENTS AT THE END OF EACH OF THE FOUR YEARS. hOW LARGE WOULD YOUR PAYMENT BE

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