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Suppose you borrowed S27.000 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 S27.000 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. $10,000.86 b. S6,500.56 . S6333.88 d.$10,250.89 e.$8.334.05
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