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a. If you borrow $ 1, 500 and agree to repay the loan in four equal annual payments at an interest rate of 10%, what will you payment be?

a. If you borrow $ 1, 500 and agree to repay the loan in four equal

annual payments at an interest rate of 10%, what will you payment be? Round 2 decimals
Amount of payment:

b. What will your payment be if you make the first payment on the loan immediately instead of at the end of the first year? Round 2 decimals

Amount of payment:

 
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