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10. Shahad has just arranged a $20,000 loan from your bank at an annual rate of 10%. The loan calls for annual payments of $1,000

10. Shahad has just arranged a $20,000 loan from your bank at an annual rate of 10%. The loan calls for annual payments of $1,000 over the next 14 years, and a final payment at the end of year 15. How big will the final payment (balloon) be

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