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1. Ami Aigen borrows $1000 for 1 year at 12% annual interest compounded monthly. Verify that her monthly loan payment is $88.8488, which is rounded
1. Ami Aigen borrows $1000 for 1 year at 12% annual interest compounded monthly. Verify that her monthly loan payment is $88.8488, which is rounded to $88.85. After making three payments, she decides to pay off the remaining balance all at once. How much must she pay
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