If you borrowed 24000 today and you have to pay them back
If you borrowed $24,000 today and you have to pay them back in five equal payments over 10 years (one payment every 2 years). With 8% interest rate compounded annually, what is the amount of each payment? (C=?)
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if you borrowed 24000 today and you have to pay them back in five equal payments over 10 years one payment every 2
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