Question: NEED ANSWER FAST!!!! Loan paymentDetermine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to

NEED ANSWER FAST!!!!

Loan paymentDetermine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during the stated term of the loan.(Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.)

NEED ANSWER FAST!!!! Loan paymentDetermine the equal, annual, end-of-year payment required each

Loan payment Determine the equal, annual, end-of-year payment required each year over the life of the loan shown in the following table to repay it fully during the stated term of the loan. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Principal $12,000 Interest rate 11% Term of loan (years) 11 The amount of the equal, annual, end-of-year payment, CF, is $ (Round to the nearest cent.)

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