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Ian Borrows $5,600 at rate of interest i(2)=5.55%. He repays the loan by making N payments of $350 at the end of each half-year plus
Ian Borrows $5,600 at rate of interest i(2)=5.55%. He repays the loan by making N payments of $350 at the end of each half-year plus a final larger payment of X at the end of N+1 half-years.
Find X (nearest cent)
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