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| rev | Admin | (Created page with "Ron is repaying a loan with payments of 1 at the end of each year for n years. The annual effective interest rate on the loan is i. The amount of interest paid in year t plus the amount of principal repaid in year t + 1 equals X. Determine which of the following is equal to X. <ul class="mw-excansopts"><li><math>1 + \frac{v^{n-t}}{i}</math></li><li><math>1 + \frac{v^{n-t}}{d}</math></li><li><math>1 + v^{n-t}i</math></li><li><math>1 + v^{n-t}d</math></li><li><math>1 + v...") | Nov 18'23 at 23:01 | +524 |