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(a) Find n. (b) Find X. (Annuity Immediate) A loan of 75,000 will be repaid with n monthly payments of 800, starting one month from

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(a) Find n.

(b) Find X.

(Annuity Immediate)

A loan of 75,000 will be repaid with n monthly payments of 800, starting one month from now, followed by a partial payment of X at time n+1. The interest rate is i*(12)- 0.039

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