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A loan is to amortized by n level annual payments of X, where 6 n 6 . You are given: i) The amount of interest
A loan is to amortized by n level annual payments of X, where 6 n 6 . You are given:
i) The amount of interest in the first payment is $ 428.21.
ii) The amount of interest in the third payment is $ 356.71.
iii) The amount of interest in the fifth payment is $ 265.42.
Calculate X.
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