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You plan to borrow $229,000 now and repay it in 8 equal annual installments (payments will be made at the end of each year). If

You plan to borrow $229,000 now and repay it in 8 equal annual installments (payments will be made at the end of each year). If the annual interest rate is 14%, how much will your annual payments be? Question 17 options: $60,225.95 $43,303.10 $80,278.02 $65,827.98 $49,365.54

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