Question: You just borrowed $ 1 1 6 , 5 6 3 . You plan to repay this loan by making x regular annual payments of

You just borrowed $116,563. You plan to repay this loan by making x regular annual payments of $14,670 and a special payment of
special payment of $45,400 in 8 years. The interest rate on the loan is 14.57 percent per year and your first regular payment will be
made today. What is x?
Submission instructions: round your answer to 2 decimal places (such as 1.23 or 98.76).
 You just borrowed $116,563. You plan to repay this loan by

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