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A debt of $5500 due five years from now and $5500 due ten years from now is to be repaid by a payment of $2000
A debt of $5500 due five years from now and $5500 due ten years from now is to be repaid by a payment of $2000 in two years, a payment of $ 4000 in four years, and a final payment at the end of six years. If the interest rate is 2.2% compounded annually, how much is the final payment?
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