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Business, 03.12.2021 20:40 zayzay162

A loan of $11022 is to be repaid at 5% effective by payments of $1000 at the end of each year for as long as possible. How many full payments of $1000 are required if an additional smaller payment X X is to be made on the date of the last full payment.

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A loan of $11022 is to be repaid at 5% effective by payments of $1000 at the end of each year for as...
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