Question: (2 points) (Exercise 5.3) A loan is being repaid by quarterly installments of 2000 at the end of each quarter at 13.1% convertible quarterly. If

(2 points) (Exercise 5.3) A loan is being repaid by quarterly

(2 points) (Exercise 5.3) A loan is being repaid by quarterly installments of 2000 at the end of each quarter at 13.1% convertible quarterly. If the loan balance at the end of the second year is $ 28627.76, find the original loan amount

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