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Saw Score: 0 of 1 pt 5 of 10 (5 complete) HW Score: 40%, 4 of 10 XP 4-10 (similar to) Question Help You have

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Saw Score: 0 of 1 pt 5 of 10 (5 complete) HW Score: 40%, 4 of 10 XP 4-10 (similar to) Question Help You have a loan outstanding It requires making seven annual payments of $9,000 cach at the end of the next seven years. Your bank has offered to allow you to skip making the next six payments in bou of making one large payment at the end of the loan's form in seven years. If the interest rate on the loans 10%, what final payment will the bank requite you to make so that it is indifferent to the two forms of payment? The final payment the bank will require you to make it $ 85,306 (Round to the nearest dollar )

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