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12 $10.550.00 Question 8 (1 point) A loan of $5000 is taken out today. It is due with interest at ja = 8% in 2
12 $10.550.00 Question 8 (1 point) A loan of $5000 is taken out today. It is due with interest at ja = 8% in 2 years. Instead, the borrower negotiates with the lender to pay $2500 in 1 year and $X in 3 years. If the lender can reinvest any payment at 12 = 5%, what is the value of X? $363393 Question 9 (1 point)
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