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

You want to borrow $10,000.00. You figure that you can make the following payments: . If the interest rate on the loan is 8.2% per year, will payments be enough to pay off the $10,000.00 loan?
The present value of your payments is $,.(Round to the nearest cent.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet.)
\table[[Year,1,2,3,4],[Payment *,$2,090,$3,020,$3,630,$3,782
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