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A firm borrows $5000 for 7 years at 8%. At the end of 7 years, the firm renews the loan for the amount due plus

A firm borrows $5000 for 7 years at 8%. At the end of 7 years, the firm renews the loan for the amount due plus $3000 for 3 years at 8%. What is the lump sum due at the end of the two years

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