Question: onlyby using these formulas 2.43 You have borrowed ( $ 28,000 ) at an interest rate of ( 12 % ) compounded annually. Equal payments

onlyby using these formulas 2.43 You have borrowed $ \$ 28,000 $ at an interest rate of $ 12 \% $ compounded annually. Equal payments will be made over a four-year period, with each payment made at the end of the correspondi 1 answer

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