Business, 28.08.2020 20:01 babas97

g If you borrow $12,000 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.) g

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g If you borrow $12,000 with an interest rate of 4 percent, to be repaid in five equal yearly paymen...