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What is the size of the final? payment

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A demand loan of? $8000 is repaid by payments of? $3000 after fifteen? months, $4000 after thirty? months, and a final payment after four years. If interest was? 8% for the first two years and? 9% for the remaining? time, and compounding is? quarterly, what is the size of the final? payment?

Reference no: EM132675914

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