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Using the appropriate tables, solve each of the following situations. (Click here to access the time value of money tables to use with this problem.)

image text in transcribed Using the appropriate tables, solve each of the following situations. (Click here to access the time value of money tables to use with this problem.) Round your answers to two decimal places. Required: beginning in 1 year. Calculate the equal annual installments that will pay off the debt and interest at 12% on the unpaid balance. $ installments. $ after the annuity is purchased and on the date Love expects to retire. Calculate the amount of each of the 15 equal annual receipts. $

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