Business, 04.07.2020 19:01 alexandergonzalez38

ssume that you borrow $700 from a friend and intend to repay the amount in four equal annual installments beginning one year from today. Your friend wishes to be reimbursed at an 8% annual rate. What is the required annual payment that must be made to repay the loan in four years

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ssume that you borrow $700 from a friend and intend to repay the amount in four equal annual install...

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