The answer is A.

60. A loan is being repaid over a number of periods by level payments (principal and interest on the outstanding balance) at the end of each period. Given the following: A = Principal outstanding at beginning of t-th period B=Interest included in t-th payment C = Principal repaid in 1-th payment R=BIA Find the amount of the original loan. Assume all annuity functions are calculated at interest rate R. [CAS 5/85 #12] (A)A + Ca 1 (B)(B+C)a7+A (C)A[1+R-!+Cs=1 (D)A[1 + R) + CSA (E) (B+C)+A 60. A loan is being repaid over a number of periods by level payments (principal and interest on the outstanding balance) at the end of each period. Given the following: A = Principal outstanding at beginning of t-th period B=Interest included in t-th payment C = Principal repaid in 1-th payment R=BIA Find the amount of the original loan. Assume all annuity functions are calculated at interest rate R. [CAS 5/85 #12] (A)A + Ca 1 (B)(B+C)a7+A (C)A[1+R-!+Cs=1 (D)A[1 + R) + CSA (E) (B+C)+A