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A loan is to be amortized by n > 5 level annual payments of X. The amount of interest in the first payment is 604.00.

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A loan is to be amortized by n > 5 level annual payments of X. The amount of interest in the first payment is 604.00. The amount of principal in the third payment is 582.45. The amount of principal in the fifth payment is 642.15. Calculate X. (A) 704 (B) 739 (C) 1132 (D) 1198 (E) 1233

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