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A debt of $5000 can be repaid with interest at 8% by the following payments Year Payment

A debt of $5000 can be repaid, with interest at 8%, by the following payments. Year Payment 1...........................$ 500 2...........................1000 3...........................1500 4...........................2000 5...............................X The payment at the end of the fifth year is shown as X. How much is X?

Apr 05 2020 Read more Less More

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