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Question in attached image c) Rui gets a loan from his bank that charges him an interest of 8% p.a. effective. Rui has the following

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c) Rui gets a loan from his bank that charges him an interest of 8% p.a. effective. Rui has the following options to repay his loan: Option 1: To repay $6,000 in 2 years and $9,000 in 4 years. Option 2: To make a single repayment of X in 3 years. Calculate X. Round your answer to the nearest cent

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