Business, 29.11.2021 22:30, gstevens

Andres needs a new computer, but did not have enough money to purchase one so he borrowed the $1,800 he needed to make the purchase from a relative. He agreed to pay the loan back by making annual payments over the next two years. Assuming an interest rate of 4 percent, how much is each payment?

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Andres needs a new computer, but did not have enough money to purchase one so he borrowed the $1,800...