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A co-worker wants to borrow some money from you and promised to repay the money based on the annual repayment schedule as shown in the

A co-worker wants to borrow some money from you and promised to repay the money based on the annual repayment schedule as shown in the table below. The top row represents the number of years from the day the loan is made. You believe a 11% interest rate is appropriate, given the risk. How much would you lend to your co-worker?

$450

$750

$1,100

$1,500

$2,050

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