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20. 2 years ago today you borrowed $1200 to buy an ocean kayak to paddle the Maine Island Trail. The loan was a 5 year

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20. 2 years ago today you borrowed $1200 to buy an ocean kayak to paddle the Maine Island Trail. The loan was a 5 year loan with monthly payments and a 3.7% APR. You have decided to repay the loan today (2 years after you borrowed the money). How much do you owe the bank

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