Question: Problem 41.6 ] A loan is repaid with 20 increasing annual installments of 1,2,3,.. ,20. The payments begin one year after the loan is made.

Problem 41.6 ] A loan is repaid with 20 increasing annual

Problem 41.6 ] A loan is repaid with 20 increasing annual installments of 1,2,3,.. ,20. The payments begin one year after the loan is made. Find the principal contained in the 10th payment, if the annual interest rate is 4%

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