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You borrowed USD 10,000 today and USD 10,000 one year from today at a 10% annual interest rate. You have promised to repay the loan
You borrowed USD 10,000 today and USD 10,000 one year from today at a 10% annual interest rate. You have promised to repay the loan making a single payment of USD 5,000 nine years from today and three payments of OMR A which occur 11, 12, and 13 years from today. What is the value for A?
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