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An 8-year loan of 140,000 with an annual effective discount rate of 3% is to be repaid by level end-of-year payments. If the first seven

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An 8-year loan of 140,000 with an annual effective discount rate of 3% is to be repaid by level end-of-year payments. If the first seven payments had been rounded up to the next multiple of 1,000, the final payment would be X Calculate X O 12,275 14,825 16,731 16,810 17,833 An 8-year loan of 140,000 with an annual effective discount rate of 3% is to be repaid by level end-of-year payments. If the first seven payments had been rounded up to the next multiple of 1,000, the final payment would be X Calculate X O 12,275 14,825 16,731 16,810 17,833

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