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Brian and Jennifer each take out a loan of X . Jennifer will repay her loan by making one payment of 1150 at the end
Brian and Jennifer each take out a loan of X. Jennifer will repay her loan by making one payment of 1150 at the end of year 8. Brian will repay his loan by making one payment of 1650 at the end of year 8. The nominal semiannual rate being charged to Jennifer is exactly one-half the nominal semiannual rate being charged to Brian. Calculate X
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