Question: I wish you can solve this problem quickly because I have to the quiz in time 3. A man borrowed $2,000 from a bank at

I wish you can solve this problem quickly

because I have to the quiz in time

3. A man borrowed $2,000 from a bank at 8% interest rate compounded annually. He will repay the loan at constant uniform annual payments for 5 years. Sketch the cash flow from the bank view point. Determine the amount of the annual payment. (Non-anonymous question) (5 Points)

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