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(1 point) (Exercise 5.10) A loan is being repaid with a series of payments at the end of each quarter for 8 years. If the
(1 point) (Exercise 5.10) A loan is being repaid with a series of payments at the end of each quarter for 8 years. If the amount of principal in the fourth payment is $170, find the amount of principal in the last 6 payments. Interest is at the rate of 7.1% convertible quarterly. ANSWER =$
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