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A debt of $1500 due in three years and $3500 due in eight years is to be repaid by a single payment of$1000 a year

A debt of $1500 due in three years and $3500 due in eight years is to be repaid by a single payment of$1000 a year from now and a second payment at the end of five years.

How much should the second paymentbe if interest is at 2% compounded annually?

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