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pts Stevie borrows $X today and repays the loan with 20 annual payments starting at the end of the year. Payments in even-numbered (2,4...) years

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pts Stevie borrows $X today and repays the loan with 20 annual payments starting at the end of the year. Payments in even-numbered (2,4...) years are $500. Payments in odd-numbered (1,3...) years are $1000. The annual effective rate of interest is 5%. a.) Calculate X. Extra Credit: Calculate the amount of interest earned in the tenth year

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