How much would each payment be

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Question: A loan for 432,000 is to be paid in 4 yearly payments with a rate of 10% per year. The amount to be paid in is increasing by $200 every year. How much would each payment be? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132197862

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