Question: Solve the problem. In 2 0 1 3 , the United States publicly held debt was $ 1 7 trillion. Use the loan payment formula

Solve the problem.
In 2013, the United States publicly held debt was $17 trillion. Use the loan payment formula to determine the annual payments needed to pay this debt off in 12 years. Assume an annual interest rate of 4%.
Group of answer choices
$1824 billion
$1798 billion
$1811 billion
$1836 billion

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