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3. An exercise on amortization of loans John is negotiating a different schedule for payments of his loans: He is to pay 4000$17 months from

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3. An exercise on amortization of loans John is negotiating a different schedule for payments of his loans: He is to pay 4000$17 months from now and 3000$21 months from now. His lender has an account with r=5% John would like to 3000$ now and a single payment 7 month later. What is that single payment

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