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on december 31, loren billingsley bought a yacht for $60000 , paying

$15000 down and agreeing to pay the balance in 10 equal annual installments that include both the principal and 9% interest on the declining balance. how big will the annual payments be?

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on december 31, loren billingsley bought a yacht for $60000 , paying $15000 down and agreeing to pay the balance in 10 equal annual installments that...
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