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(2 points) (Exercise 5.4) A $50000 loan is to be repaid with annual payments at the end of each year for 18 years. If (I
(2 points) (Exercise 5.4) A $50000 loan is to be repaid with annual payments at the end of each year for 18 years. If (I + D = 2, find the outstanding balance immediately after the third payment. ANSWERS
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The Fiscal Impact Handbook
Authors: David Listokin
1st Edition
1138535672, 978-1138535671
