G owes a debt which is now due amounting to $50,000. The creditor has agreed to accept payment in six equal annual instalments with a 10 percent interest rate. The first payment is to be made one year hence. Each periodic payment will be $_______________________.

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The Answer of G owes a debt which is now due amounting to $50,000. The creditor has agreed to accept payment in six equal annual instalments with a 10 percent interest rate. The first payment is to be made one year hence. Each periodic payment will be $_______________________.

G Owes a Debt Which Is Now Due Amounting to $50,000