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HW10: Problem 3 Previous Problem List Next 5.5% effective. The other half of the loan...

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HW10: Problem 3 Previous Problem List Next 5.5% effective. The other half of the loan is repaid by the sinking fund method in which the lender receives 5.5% on the investment and the sinking fund accumulates at 4.5% effective. Find the amount of the loan. Answer to the nearest dollar

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