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I have arranged to borrow $17,000 from my parents toward a holiday. I will repay the...

I have arranged to borrow $17,000 from my parents toward a holiday. I will repay the loan over 5 years in equal year-end payments. If the interest rate is 5.3% p.a. compounding monthly, my annual repayment is (rounded to nearest dollar; don’t include the $ sign or commas):

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