Suppose you borrowed $6,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next 4 years.How large would your payments be?
A) $1,926.09
B) $1,852.01
C) $2,166.85
D) $1,833.49
E) $1,629.77

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The Answer of Suppose you borrowed $6,000 at a rate of 9.0% and must repay it in 4 equal installments at the end of each of the next 4 years.How large would your payments be?
A) $1,926.09
B) $1,852.01
C) $2,166.85
D) $1,833.49
E) $1,629.77

Suppose You Borrowed $6,000 at a Rate of 9