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You are given the following information about a loan of that is to be repaid with a series of 20 annual payments: 0 The first

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You are given the following information about a loan of that is to be repaid with a series of 20 annual payments: 0 The first payment of 1000 is due one year from now. (h) The next eight payments are each 4.7% larger than the preceding payment. (1) From the 10th to the 20th payment, each payment will be 3.3% less than the preceding payment. (iv) The loan has an annual effective interest rate of 3.7% Calculate L 16,413 16,737 16,823 16,918 16,947

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