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revAdmin (Created page with "Annual payments of 240 are made at the end of each year to repay a loan of 3400. The payments are based on an annual effective interest rate of 4.5%. The loan is settled with a drop payment of X. Calculate X. <ul class="mw-excansopts"><li>1.61</li><li>4.53</li><li>8.83</li><li>12.48</li><li>13.04</li></ul> {{soacopyright | 2023 }}")Nov 19'23 at 15:41+335