How much did you borrow

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Question: You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 108 (first payment made at t = 1), followed by five annual payments of $ 556 , followed by four annual payments of $ 754 . How much did you borrow? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131948584

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