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A $6,000 loan is to be repaid by n equal annual installments. The annual interest rate is 4%. The interest paid in the (n2)nd installment

A $6,000 loan is to be repaid by n equal annual installments. The annual interest rate is 4%. The interest paid in the (n2)nd installment is $111. Find n.

Can you show me how to calculate this as well using equations?

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