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Jenny took out a loan for $ 2 , 0 0 0 with an annual effective rate of interest of 5 . 8 % .
Jenny took out a loan for $ with an annual effective rate of interest of She repays the loan with the following three payments:
a payment of $ at the end of year
a payment of $ at the end of year and
a final payment of X at the end of year
Find the outstanding loan balance at the end of year answer to the nearest cent
Find the outstanding loan balance at the end of year answer to nearest cent
Find the size of the final payment Xanswer to the nearest cent
Find the amount of interest in the last payment. answer to the nearest cent
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