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You borrow $15,000 with an annual interest rate of 6%, to be repaid in 5 equal annual instalments. How much are your annual payments? Group
You borrow $15,000 with an annual interest rate of 6%, to be repaid in 5 equal annual instalments. How much are your annual payments?
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$3,561
$3,000
$2,805
$3,180
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Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
