Business, 09.02.2021 01:00, inucornspineapple

Assume you borrow $10,000 today and promise to repay the loan in two payments, one in year 2 and the other in year 4, with the one in year 4 being only half as large as the one in year 2. At an interest rate of 10% per year, the size of the payment in year 4 will be closest to:

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Assume you borrow $10,000 today and promise to repay the loan in two payments, one in year 2 and the...