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Use the interest tables from the textbook (or a financial calculator) to answer the following question. On January 1, 2020, Albert borrowed $100,000 from

Question 41 (3 points)Use the interest tables from the textbook (or a financial calculator) to answer thefollowing question

Use the interest tables from the textbook (or a financial calculator) to answer the following question. On January 1, 2020, Albert borrowed $100,000 from the ASU Bank. The terms of the loan agreement specified five (5) equal annual payments at 10%. What is the amount of each of these payments, assuming, they begin on December 31, 2020? (Round answer to nearest dollar) $20,000. $26,380. $25,709. $23,586.

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