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Suppose you borrowed $6,000 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 $6,000 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? Group of answer choices $1,926.09 $1,852.01 $2,166.85 $1,833.49 $1,629.77
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