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If you borrow $7,500 with an interest rate of 7 percent to be repaid in six equal payments at the end of the next 6 years, what would be the amount of each payment? Use Exhibit 1-D. (Round your

If you borrow $7,500 with an interest rate of 7 percent to be repaid in six equal payments at the end of the next 6 years, what would be the amount of each payment? Use Exhibit 1-D. (Round your PVA factor to 3 decimal places and final answer to 2 decimal places.) Amount of each payment

Apr 13 2021 View more View Less

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