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PLEASE ANSWER QUICKLY MATHEMATICAL INTEREST THEORY A loan for 10,000 with annual effective rate 7% must be repaid with n annual level payments of 1,500
PLEASE ANSWER QUICKLY 
A loan for 10,000 with annual effective rate 7% must be repaid with n annual level payments of 1,500 plus a balloon payment one year after the n-th payment. Calculate n. (Hint: n needs to be an integer) MATHEMATICAL INTEREST THEORY
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Pricing And Liquidity Of Complex And Structured Derivatives
Authors: Mathias Schmidt
1st Edition
3319459694, 978-3319459691
