Question: Please help me figure out the following problem in engineering economics. Pls don't use excel and show me the steps. Thank you. How much will
Please help me figure out the following problem in engineering economics. Pls don't use excel and show me the steps. Thank you.

How much will Kingston Technologies have to pay each year in 9.00 equal payments, starting 2 years from now, to repay a $900,000 loan. The interest rate is 12.00% per year? (Round the final answer to three decimal places.) Kingston Technologies will have to pay \$ each year to repay the loan
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