Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Juno needs to pay off a loan of $9,500 in 4 years. Find the amortization payment she would need to make each year, at 8% interest compounded annually, in order to pay off her loan.

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The Answer of Use Tables 12-1 and 12-2 from your text to answer the following problems. (Round dollars to the nearest cent)
-Refer to Narrative in your text 12-1. Juno needs to pay off a loan of $9,500 in 4 years. Find the amortization payment she would need to make each year, at 8% interest compounded annually, in order to pay off her loan.

Use Tables 12-1 and 12-2 from Your Text to Answer