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fishing designs has arranged to borrow 1 9 0 0 0 today at 9 % interest. Loan is to be repaid with end of the

fishing designs has arranged to borrow $19000$ today at $9 %$ interest. Loan is to be repaid with end of the year payments of $3000$ at the end f years $1$ through $4 .$ At the end of year $5,$ the remainder will be paid. What is the year $5$ payment?

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fishing designs has arranged to borrow 1 9 0 0 0 today at 9 % interest. Loan is to be repaid with end of the

fishing designs has arranged to borrow 19000 today at 9% interest. Loan is to be repaid with end of the year payments of 3000 at the end f years 1 through 4. At the end of year 5, the remainder will be paid. What is the year 5 payment?

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Victorian Literature And Finance

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fishing designs has arranged to borrow $19000$ today at $9 %$ interest. Loan is to be repaid with end of the year payments of $3000$ at the end f years $1$ through $4 .$ At the end of year $5,$ the remainder will be paid. What is the year $5$ payment?