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You want to borrow $10,000. You figure that you can make the following payments. If the interest rate is 8% per year, will your payments

You want to borrow $10,000. You figure that you can make the following payments. If the interest rate is 8% per year, will your payments be enough to pay off the $10,000 loan? Year 1- $2000, Year 2- $3200 Year 3- $3320 Year 4- $4090. Is the present value of your payments smaller than/larger than/equal to the amount of the loan, AND given what you choose, will you/will you not be able to pay off the loan given the amounts paid in the 4 years? HELP! Please!!!

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