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For a repayment schedule that starts at EOY three at $ Z and proceeds for years 3 through 9 at $2 Z , $3 Z

For a repayment schedule that starts at EOY

three at $Z and proceeds for years 3 through 9 at $2Z, $3Z,..., what is the value of Z if the principal of this loan is

$9,500 and the interest rate is 6% per year? Use a uniform gradient amount (G) in your solution.

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