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Jaylin makes a 25-year loan of 150,000 to Susan. Susan needs to repay this loan by...

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Finance

Jaylin makes a 25-year loan of 150,000 to Susan. Susan needs torepay this loan by level end of year payments R. Jaylin willreplace her capital via a savings account which offers annualeffective interest rate 6% and earn an APY of 4%. Find R.

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Please do Upvote if you are served Feel free to reach out in the comments Cheers Answer We are given with the a 25year loan of 150000 with yearly payments of R In this    See Answer
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