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Zach taylor is settling a 30000 loan due today by making 6

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Zach Taylor is settling a $30,000 loan due today by making 6 equal annual payments of $7,091.29.What payments must Zach Taylor make to settle the loan at the interest rate of 11%, but with the 6 payments beginning on the day the loan is signed?

Reference no: EM13589094

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