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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 $17,600 lump sum payment at the end of four years. The interest rate on the loan is 5%, compounded annually. How much did Jackson borrow today? (PV of $1, FV of $1, PVA of $1, and FVA of $1)(Use appropriate factor(s) from the tables provided.)
$15,884
$11,910
$16,720
$14,080
$14,480
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