Suppose you borrowed $35,000 at a rate of 8.1% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? O a. $7,755.76 O'b. $11,585.00 O c....

Suppose you borrowed $35,000 at a rate of 8.1% and must repay it in 4 equal installments at the end of each of<br>the next 4 years. How large would your payments be?<br>O a. $7,755.76<br>O'b. $11,585.00<br>O c. $11,948,43<br>O d. $9,797.19<br>O e. $10,590.76<br>

Extracted text: Suppose you borrowed $35,000 at a rate of 8.1% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? O a. $7,755.76 O'b. $11,585.00 O c. $11,948,43 O d. $9,797.19 O e. $10,590.76

Jun 03, 2022

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Suppose you borrowed $35,000 at a rate of 8.1% and must repay it in 4 equal installments at the end of each of the next 4 years. How large would your payments be? O a. $7,755.76 O'b. $11,585.00 O c....

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