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Jimmy made a 1 0 - year loan at 7 % effective annual interest rate with Bank A , and has level annual payments of

Jimmy made a 10-year loan at 7% effective annual interest rate with Bank A, and has level annual payments of 755. Right after the 4th payment, the loan was sold to Bank B, at price X. After the sale, Bank A's effective annual yield was 8.5%. Calculate the price X

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