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You borrowed some money at 8 percent per annum. You repay the loan by making...

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Accounting

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You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $163 (first payment made at t=1 ), followed by five annual payments of $452, followed by four annual payments of $709. How much did you borrow? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Your

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