Question: suppose that you will be borrowing $1000 each year for 10 years at a rate of 9%, and then paying back the loan immediate after

suppose that you will be borrowing $1000 each year for 10 years at a rate of 9%, and then paying back the loan immediate after receiving the last payment. How much would you have to repay?

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suppose that you will be borrowing $1000 each year for 10 years at a rate of 9%, and then paying back the loan immediate after receiving the last payment. How much would you have to repay?

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