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A 20 year loan with payments at the end of each year involves payments of $1, 000 for the first 10 years, and then for
A 20 year loan with payments at the end of each year involves payments of $1, 000 for the first 10 years, and then for the next 10 years payments are 3% larger than the previous years payment. If effective annual interest is 5% then find the original loan amount. please dont solve using excel
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