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A loan of $5,000 is to be paid of with five equal annual payments plus a balloon payment of $1,000 at the end of the

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A loan of $5,000 is to be paid of with five equal annual payments plus a balloon payment of $1,000 at the end of the five years. What is the annual payment for this loan if the interest rate is 8% per annum? Round your answer to the nearest dollar and report it without the $ sign

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