You borrowed some money at 8 percent per annum you repay, Financial Management

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You borrowed some money at 8 percent per annum you repay

You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 185 (first payment made at t = 1), followed by five annual payments of $ 460 , followed by four annual payments of $ 709 . How much did you borrow?

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Financial Management: You borrowed some money at 8 percent per annum you repay

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Financial Management: You borrowed some money at 8 percent per annum you repay

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