Problem
Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology The manager of a small cleaning company applies for a $25,000 loan at an interest rate of 10% per year. He will repay the loan over 6 years with annual payments. The third through sixth payments are $1500 greater than the first two. Determine the size of the payments.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.