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Charlie borrowed $100doo today. The interest rate on the loan is ji = 4.2% for the first 5 years, then it changes to ji 8%

Charlie borrowed $100doo today. The interest rate on the loan is ji = 4.2% for the first 5 years, then it changes to ji 8% thereafter. To repay the loan, Charlie makes yearly payments of R dollars (in the end of year) from year 3 to year 11. What is R

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