Question: please answer qu4 4. (5 Points) Bank Almighty just gave you a $10,000 loan to buy a car. If the loan requires six equal payments
please answer qu4
4. (5 Points) Bank Almighty just gave you a $10,000 loan to buy a car. If the loan requires six equal payments with the first payment one year from now, what is the amount of your annual payments? The bank requires a 9% return. a. $3,951.47 b. $1,470.22 c. $2,229.20
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