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( 4 points ) A loan of $ 1 0 , 0 0 0 today is to be repaid by annual payments of $ 8

(4 points) A loan of $10,000 today is to be repaid by annual payments of $800 to commence one year from now and continue thereafter for as long as necessary. The effective rate of interest is 6%. Compute the amount of the final payment if it is to be larger than the regular payments.
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