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Suppose you borrowed $24,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next
Suppose you borrowed $24,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? O a. $7,333.97 O b. $6,370.92 O c. $8,519.26 O d. $7,482.13 O e. $7,408.05
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