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You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 2 6 2 ( first

You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $262(first payment made at t=1), followed by five annuat payments of $450, followed by four annual payments of $702. How much did you borrow?
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