What equal annual payment series is required to repay the following present amounts? (a) $10,000 in 5 years at 5% interest compounded annually (b) $5,500 in 4 years at 9.7% interest compounded...

What equal annual payment series is required to repay the following present amounts?

(a) $10,000 in 5 years at 5% interest compounded annually


(b) $5,500 in 4 years at 9.7% interest compounded annually


(c) $8,500 in 3 years at 2.5% interest compounded annually


(d) $30,000 in 20 years at 8.5% interest compounded annually




May 26, 2022
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