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You borrow $8000 at an annual interest rate of 6% to be repaid in 4 equal annual installments. Your annual payment will be approximately equal

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You borrow $8000 at an annual interest rate of 6% to be repaid in 4 equal annual installments. Your annual payment will be approximately equal to O22208.73 Ob. 2000 O c. 2120 Od none of the above QUESTION 15 0.8 point You borrow $8000 at an annual interest rate of 6% to be repaid in 4 equal annual installments. Your ending balance at the end of period 2 will be equal to approximately O a 2178 b. 4033 OC 6171 Od none of the above QUESTION 16 0.8 poin You borrow S1000 at an annual interest rate of to be repaid in 4 equal noual installments. If you want to repay the whore loan at the end of period 2, then your payment will be equal to approximately O a 4223 Ob.6171 O4000 Od none of the above 0.8 poit QUESTION 17 You invest $2000 per year at the end of each year for 10 years at an interest rate of the future value of your money will be equal to approximately O. 303858 1.28000 O. 53000.78 none of the above

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