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Suppose you borrowed $45,000 at a rate of 9.3% and must repay it in 4 equal installments at the end of each of the next

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Suppose you borrowed $45,000 at a rate of 9.3% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? a. $9,796.66 b. $13,981.66 c. $15,435.00 d. $12,792.01 e. $16,055.85 Suppose you borrowed $45,000 at a rate of 9.3% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? a. $9,796.66 b. $13,981.66 c. $15,435.00 d. $12,792.01 e. $16,055.85

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