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1) A 2950 loan is repaid by annual payments of 420, plus a smaller final payment. If i=0,07, and the first payment is made one

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1) A 2950 loan is repaid by annual payments of 420, plus a smaller final payment. If i=0,07, and the first payment is made one year after the time of the loan, find the amount of principal and interest contained in the 11th payment Select one: a. p=0.1884; 1=0.0132 b. p=0.2984 -0.0332 C. p=0.9484, 10.0279 d. p=0.1544 -0.0451

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