Question: Computing annuity payment: The Bridge Bar & Grill has a seven-year loan of $27,463 with Bankwest. It plans to repay the loan in seven equal

Computing annuity payment: The Bridge Bar & Grill has a seven-year loan of $27,463 with Bankwest. It plans to repay the loan in seven equal installments starting today. If the rate of interest is 11.7 percent per annum, each payment will be $___________

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