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You purchased a boat for $300,000 and agreed to pay the amount over the next 10 years an equal payment at the end of every

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You purchased a boat for $300,000 and agreed to pay the amount over the next 10 years an equal payment at the end of every year. Assuming that the discount rate is 12%, what will be the yearly payment? 553,095.46 B) $25,370 $20,560 5931,677.019

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