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A loan is to amortized by n level annual payments of , where 6. You are given the following. i) The amount of interest in
A loan is to amortized by n level annual payments of , where 6. You are given the following. i) The amount of interest in the first payment is 988.81. ii) The amount of interest in the third payment is 977.18. iii) The amount of interest in the fifth payment is 962.06.
Calculate .
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