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Answer was previously answered but only showed the excelfunction and answer without any work shown. Please show how to findthe answer without using excel A

Answer was previously answered but only showed the excelfunction and answer without any work shown. Please show how to findthe answer without using excel A friend approaches you with a request. If you lend him \( \$ 30,000 \) today he will repay you starting in 7 years in 10 equal payments at the end of each year (so the first payment will be at the en 2 answers

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