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You want to borrow $ 1 0 , 0 0 0 . 0 0 . You figure that you can make the following payments: If

You want to borrow $10,000.00. You figure that you can make the following payments: If the interest rate on the loan is 8.9% per year, will your payments be enough to pay off the $10,000.00 loan?
The present value of your payments is $ (Round to the nearest cent.)
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