Question: What equal annual payment series is required to repay the following present amounts? (a) $12,000 in 6 years at 4% interest compounded annually (b) $3,500

What equal annual payment series is required to repay the following present amounts?
(a) $12,000 in 6 years at 4% interest compounded annually
(b) $3,500 in 7 years at 6.7% interest compounded annually
(c) $6,500 in 5 years at 3.5% interest compounded annually
(d) $32,000 in 15 years at 8.5% interest compounded annually

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