- Suppose You Borrow 2 000 At 5 And You Are Going To Make Annual Payments Of 734 42 How Long Before You Pay Off The 1 (43.7 KiB) Viewed 38 times
•Suppose you borrow $2,000 at 5%, and you are going to make annual payments of $734.42. •How long before you pay off the
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•Suppose you borrow $2,000 at 5%, and you are going to make annual payments of $734.42. •How long before you pay off the
•Suppose you borrow $2,000 at 5%, and you are going to make annual payments of $734.42. •How long before you pay off the loan? •Suppose you borrow $10,000 from your parents to buy a car. •You agree to pay $207.58 per month for 60 months. •What is the annual interest rate? •Suppose you plan to deposit $1500 into an account in one year and $1800 into the account in three years. •How much will be in the account in five years if the interest rate is 8%?