Your sister has been forced to borrow money to pay her tuition this year. If she makes

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Your sister has been forced to borrow money to pay her tuition this year. If she makes annual interest payments on the loan at year end for the next three years, and the loan is for $2,500 at a simple interest rate of 6 percent, how much will she pay each year?

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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