(1 point) Jason owes $59000 due at the end of 3 years with interest at j4...

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(1 point) Jason owes $59000 due at the end of 3 years with interest at j4 = 3%. In order to payoff the loan Jason decides to make deposits in a fund that earns J4 12.5%. The first deposit is $10000 at the end of 9 months and $X at the end of 27 months. What is X? [Note: Use the exact method for a fractional period of time.] (1 point) Jason owes $59000 due at the end of 3 years with interest at j4 = 3%. In order to payoff the loan Jason decides to make deposits in a fund that earns J4 12.5%. The first deposit is $10000 at the end of 9 months and $X at the end of 27 months. What is X? [Note: Use the exact method for a fractional period of time.]

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Let P 59000 A 10000 j4 125 n 3 j4 3 Time 9 Months 075 Years T... View the full answer