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Jason owes $73000 due at the end of 3 years with interest at j4=3%. In order to payoff the loan Jason decides to make deposits
Jason owes $73000 due at the end of 3 years with interest at j4=3%. In order to payoff the loan Jason decides to make deposits in a fund that earns j4=13.5%. The first deposit is $10000 at the end of 9 months and $X at the end of 27 months. what is X?
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