How large must each annual payment be if the loan is

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Reference no: EM131967892

How large must each annual payment be if the loan is for $100,000?

Assume that the interest rate remains at 8% and that the loan is paid off over 5 years. Round your answer to the nearest cent

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131967892

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