Question: .) A 7,800 ban is being repaid with regular Payments of X at the end of each year for us long as necessary plus
.) A 7,800 ban is being repaid with regular Payments of X at the end of each year for us long as necessary plus a smaller payment one Year after the final regulal payment. Immediately after the eighth payment, the outstanding Principal is 4x. If the annual interest rate is 10%, What is the value of X? (Hint: Set up an equation for the outstanding balance after the 10th,
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