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5. [5 points] A loan of $5,000 is being financed at 6% annual interest rate. There will be five payments each made at the

5. [5 points] A loan of $5,000 is being financed at 6% annual interest rate. There will be five payments each made at the end of the year. The first three payments will be X and the final two payments will be 2X. Find X and find the loan balance immediately after the second payment.

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