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Jackson has a loan that requires a $ 1 7 , 6 0 0 lump sum payment at the end of four years. The interest
Jackson has a loan that requires a $ lump sum payment at the end of four years. The interest rate on the loan is compounded annually. How much did Jackson borrow today? PV of $ FV of $ PVA of $ and FVA of $Use appropriate factors from the tables provided.
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