Question: someone please help and show all steps! You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments
someone please help and show all steps!
You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $181 (first payment made at t=1 ), followed by five annual payments of $428, followed by four annual payments of $870. How much did you borrow? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Your
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