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For a repayment schedule that starts at EOY four at $Z and proceeds for years 4 through 10 at $2Z, $3Z,..., what is the
For a repayment schedule that starts at EOY four at $Z and proceeds for years 4 through 10 at $2Z, $3Z,..., what is the value of Z if the principal of this loan is $9,000 and the interest rate is 10% per year? Use a uniform gradient amount (G) in your solution. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The value of Z is $ (Round to the nearest cent.)
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