How large would your payments be

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Reference no: EM132003058

Solve the question given below

Suppose you borrowed $12,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next 4 years.

How large would your payments be? Please show work

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

Reference no: EM132003058

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