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A $ 6 7 , 8 0 0 loan is to be repaid by equal annual payments for 1 5 years. The interest rate is

A $

67, 800

loan is to be repaid by equal annual payments for

15

years. The interest rate is

8.3 %

compounded annually. Determine the balance outstanding after

10

years. a$

53, 404

40, 334

28, 137

31, 955

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