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9. On October 1, 2016 Miss Jessica Tyson acquires a newly issued debt in- stalment with maturity value of $80000. It matures on September 5,

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9. On October 1, 2016 Miss Jessica Tyson acquires a newly issued debt in- stalment with maturity value of $80000. It matures on September 5, 2021 with interest rate of %7. Payments for the first two years and a quarter is due January 5, 2019 and the remaining is due on the due date. What amount of interest will be included from 2016 to 2021 (7 marks)

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