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A loan of 10,000 is repaid by 10 semiannual payments, with the first payment made one-half year after the loan. The first 5 payments are

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A loan of 10,000 is repaid by 10 semiannual payments, with the first payment made one-half year after the loan. The first 5 payments are K each, and the final 5 are K+200 each. Assume that the interest rate is given by: (2) = 0.06 Calculate K. (a) 1,079.68 (b) 1,179.68 (c) 1,279.68 (d) 1.379.68 (e) 1,479.68

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