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Henry borrows $10,000 and agrees to repay it with a series of ten installments at the end of each year such that each installment is

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Henry borrows $10,000 and agrees to repay it with a series of ten installments at the end of each year such that each installment is 5% greater than the preceding installment. The annual effective rate of interest on the loan is 10%. Find the total amount of principal repaid in the first three installments

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