A loan is to amortized by n level annual payments of x


A loan is to amortized by n level annual payments of X, where n≥6. You are given: i) The amount of interest in the first payment is $ 458.44. ii) The amount of interest in the third payment is $ 432.92. iii) The amount of interest in the fifth payment is $ 405.84. Calculate X.

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Financial Management: A loan is to amortized by n level annual payments of x
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