A loan was made 9 years ago for $ 1 1 1 3 8 6 at 4 for a 2 6 year term Rates are currently 8 What is the market value of the loan

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A loan was made 9 years ago for $ 1 1 1 3 8 6 at 4 % for a 2 6 year term. Rates

A loan was made

9

years ago for $

111386

4 %

for a

26

year term. Rates are currently

8 % .

What is the market value of the loan?

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