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Business, 09.12.2021 02:40 jehwn

A loan of $11,430 is to be repaid at 4% effective by payments of $1500 at the beginning of each year for as long as possible. How many full payments of $1500 are required if an additional smaller payment X X might be needed on the date of the last full payment.

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A loan of $11,430 is to be repaid at 4% effective by payments of $1500 at the beginning of each year...
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