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| rev | Admin | (Created page with "A 25-year loan is being repaid with annual payments of 1300 at an annual effective rate of interest of 7%. The borrower pays an additional 2600 at the time of the 5th payment and wants to repay the remaining balance over 15 years. Calculate the revised annual payment. <ul class="mw-excansopts"><li>1054.58</li><li>1226.65</li><li>1300.00</li><li>1369.38</li><li>1512.12</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 0:58 | +408 |