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You plan to borrow $144,000 now and repay it in 25 equal annual installments (payments will be made at the beginning of each year). If

You plan to borrow $144,000 now and repay it in 25 equal annual installments (payments will be made at the beginning of each year). If the annual interest rate is 15%, how much will your annual payments be? $3,586.99 $22,276.71 $4,374.38 $19,371.06 O $27,177.59

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