Find the loan amount, John is repaying a loan by making

Find the loan amount

Reference no: EM13260813

John is repaying a loan by making oayments of 1000 at the end of each year beginning at time t=1. The balance of the loan immediately after the 7th payment is made is 8,852.68. The balance of the loan immediately after the 10th payment is made is 73690.09 Find the loan amount

Reference no: EM13260813

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