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Jackson has a loan that requires a $16.200 lump sum payment at the end of four years. The interest rate on the loan is 5%,

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Jackson has a loan that requires a $16.200 lump sum payment at the end of four years. The interest rate on the loan is 5%, compounded annually. How much did Jackson bomow today? PV of $1, FV of $1. PVA of Stand FVA - (Use appropriate factors from the tables provided.) Multiple Choice 515,390 512.960 310 963 50,328 54621

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