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Someone borrowed 20,000 euros and agreed to pay off his debt after 7 years. At the end of the 3 rd year he gives the

Someone borrowed 20,000 euros and agreed to pay off his debt after 7 years. At the end of the 3rd year he gives the lender 5,000 euros. What is the amount he is going to pay at the end of year 7, if the loan is compounded at an annual interest rate of 6%?

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