Question: ( 1 point ) ( Exercise 5 . 2 6 ) A borrows $ 8 0 0 0 for 1 0 years at 8 %
pointExercise A borrows $ for years at convertible semiannually.
A pays the interest semiannually and replaces the principal by means of deposits at the
end of every year for years into a sinking fund which earns effective. Find the
total dollar amount which A must pay over the year period to completely repay the
loan.
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