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What annual payment is required to pay off a four-year $13.000 loan if the interest rate being charged is 8 percent EAR? What would the

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What annual payment is required to pay off a four-year $13.000 loan if the interest rate being charged is 8 percent EAR? What would the monthly payments be for the same loan assuming the same interest rate? Use Ex. 184 (Round time value factors to 3 decimat places and final answers to the nearest dollar amount. Omit the "S" sign in your response.) Annual payment Monthly payment

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