Question: Question 2 Suppose that you need $ 2 5 , 0 0 0 six years from now. If the interest rate is 5 % ,

Question 2
Suppose that you need $25,000 six years from now. If the interest rate is 5%, which of the following formulas will calculate the annual payment?
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Question 2 Suppose that you need $25,000 six years from now.

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