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f5. You borrow $10,000. Suppose the interest rate in the rst year is 6% compounded semi-annually, in the second and third year it is 8%

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\f5. You borrow $10,000. Suppose the interest rate in the rst year is 6% compounded semi-annually, in the second and third year it is 8% compounded quarterly, and in the fourth year it is 8% compounded annually. Suppose you were going to make 3 equal payments to pay off this loan. The rst payment would be after 2 years [at n=2], the second a year later [n=3] and the third a year after that (n=4]. What would be the value the payment

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