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Business, 16.09.2019 23:20 jjjjjj4999

"if you borrow $8,000 with an interest rate of 4 percent, to be repaid in five equal yearly payments at the end of the next five years, what would be the amount of each payment? use exhibit 1-d. (round time value factor to 3 decimal places and final answer to 2 decimal places.)"

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