Question: Current Attempt in Progress John Taylor is settling a $21,320 loan due today by making 6 equal annual payments of $4,752.65. Click here to view
John Taylor is settling a $21,320 loan due today by making 6 equal annual payments of $4,752.65. Click here to view factor tables. What payments must John Taylor make to settle the loan at an interest rate of 9%, but with the 6 payments beginning on the day the loan is signed? (Round foctor values to 5 decimal places, e.g. 1.25124 and final answer to Odecimal places, eg. 458,581)
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