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A business borrows 52000 dollars at an effective rate of interest of 9 percent. The loan is to be repaid with 10 equal a

Posted: Wed Mar 30, 2022 3:37 pm
by answerhappygod
A Business Borrows 52000 Dollars At An Effective Rate Of Interest Of 9 Percent The Loan Is To Be Repaid With 10 Equal A 1
A Business Borrows 52000 Dollars At An Effective Rate Of Interest Of 9 Percent The Loan Is To Be Repaid With 10 Equal A 1 (181.32 KiB) Viewed 39 times
A business borrows 52000 dollars at an effective rate of interest of 9 percent. The loan is to be repaid with 10 equal annual pay- ments, the first coming a year from now. How much is each annual payment?