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You are given a loan. Payments of one are made at the end of each one-half of an interest conversion period for a total of

You are given a loan. Payments of one are made at the end of each one-half of an interest conversion period for a total of five interest conversion periods.

What is the amount of principal included in the eighth payment?

ADAPT Note: In this question, please note that v = (1 + i)¹ where i is the interest rate for one interest conversion period.

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