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  • 25-05-2020
  • Business
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if you want to determine the equal annual end of year payments necessary to amortize fully $6,000,10%loan over 4 years​

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Palo10
Palo10 Palo10
  • 25-05-2020

Answer:

$2,400.

Explanation:

  1. $6,000×10%4years
  2. 100
  3. $60×10×4
  4. $600×4
  5. $2,400.
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