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Find the equivalent payments that would settle the debt

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Reference no: EM133091181

Question - A loan of $3200 is due in 5 years. If money is worth 3.7?% compounded annually?, find the equivalent payments that would settle the debt at the times shown below.

a) Now

b) In 2 years

c) In 5 years

d) In 12 years

Reference no: EM133091181

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