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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 15 years. If (1+2)3

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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 15 years. If (1+2)3 = 2, find the outstanding balance immediately after the third payment. ANSWER = $ (2 points) (Exercise 5.4) A $50000 loan is to be repaid with annual payments at the end of each year for 15 years. If (1+2)3 = 2, find the outstanding balance immediately after the third payment. ANSWER = $

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