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the last 3 n 013 so it will be the i=4% n=4 Solve the problem on a sheet of paper and uploaded to the system.

image text in transcribedthe last 3 n 013 so it will be the i=4%
n=4
Solve the problem on a sheet of paper and uploaded to the system. If the system failed, send it via WhatsApp. You have 20 minutes to complete the quiz. Suppose that you apply for a loan of $50,000 from a bank at a (%) annual interest rate. You will pay the loan in equal payments for (n) years. (%) and each is the sum of your last 3 digits of your student's D. For example, if your ID is 11802423, 7= 9%, n=9 years. The bank offers two repayment plans, one with equal payments made at the end of every year for the next five years and the other with a single payment made after the loan period of five years. Find a The yearly equal payment. b. The future amount of money. O- The cash flow diagram shows the yearly equal payment and borrowed amount. 1 A BI EE EE % Solve the problem on a sheet of paper and uploaded to the system. If the system failed, send it via WhatsApp. You have 20 minutes to complete the quiz. Suppose that you apply for a loan of $50,000 from a bank at a (%) annual interest rate. You will pay the loan in equal payments for (n) years. (%) and each is the sum of your last 3 digits of your student's D. For example, if your ID is 11802423, 7= 9%, n=9 years. The bank offers two repayment plans, one with equal payments made at the end of every year for the next five years and the other with a single payment made after the loan period of five years. Find a The yearly equal payment. b. The future amount of money. O- The cash flow diagram shows the yearly equal payment and borrowed amount. 1 A BI EE EE %

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