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Suppose you borrowed $400 from a friend and promised to repay the loan by making three annual payments at the end of each of the

Suppose you borrowed $400 from a friend and promised to repay the loan by making three annual payments at the end of each of the next three years plus a final payment of $200 at the end of year 4. The interest rate is 9%. What is the annuity amount?

Explain throughly plz

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