Multiple Choice
How much can you borrow today if you can make payments of $3,600 a year for the next five years and the interest rate is 10%?
A) $13,646.83
B) $12,235.32
C) $18,978.36
D) $15,797.84
E) $17,949.67
Correct Answer:
Verified
Correct Answer:
Verified
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