Question: (2 points) (Exercise 5.14) A 20-year loan is to be repaid with equal installments at the end of each yeas. The amount of interest paid

(2 points) (Exercise 5.14) A 20-year loan is to be repaid

(2 points) (Exercise 5.14) A 20-year loan is to be repaid with equal installments at the end of each yeas. The amount of interest paid in the 5th installment is $176. The amount of interest paid in the 13th installment is $128. Calculate the amount of interest paid in the 17th installment. ANSWER = $ (2 points) (Exercise 5.14) A 20-year loan is to be repaid with equal installments at the end of each yeas. The amount of interest paid in the 5th installment is $176. The amount of interest paid in the 13th installment is $128. Calculate the amount of interest paid in the 17th installment. ANSWER = $

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