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a loan of $20 000 is paid off with instalments of $1400 made at the end of each six months. The interest rate is 7%

a loan of $20 000 is paid off with instalments of $1400 made at the end of each six months. The interest rate is 7% compounded semi-annually. The value of n is determined to be 20.1488. Find the size of the final payment.

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