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| rev | Admin | (Created page with "'''Solution: D''' Let <math>L</math> be loan amount and <math>K</math> be annual payment. Repayment amount in third year is <math>300=K v^3=K(1.09)^{-3}</math>. Thus <math>K=</math> <math>300(1.09)^3=388.51</math>. The loan amount is <math>L=K a_{\overline{5} \mid}=1511.16</math>. '''References''' {{cite web |url=https://web2.uwindsor.ca/math/hlynka/392oldtests.html |last=Hlynka |first=Myron |website=web2.uwindsor.ca | title = University of Windsor Old Tests 62-392 Th...") | Nov 27'23 at 1:02 | +525 |