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Current Attempt in Progress Henry Taylor is settling a $19,420 loan due today by making 6 equal annual payments of $4,329.10.
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The answer has been presented in the supporting sheet. All the parts has been solved with detailed explanation and format. For detailed answer refer to the supporting sheet.

Answer 3 In the given question, we have to calculate the amount of payments per year to be made to settle the loan 5 6 7 annu

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