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3 Sofia borrowed $4600 and will be charged compounding interest at the rate of 4.8% per annum, compounding monthly. The first three repayments that Sofia

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3 Sofia borrowed $4600 and will be charged compounding interest at the rate of 4.8% per annum, compounding monthly. The first three repayments that Sofia made were for $300. The next two repayments Sofia made were for $450. Construct a repayment schedule to determine the balance of Sofia's loan after five repayments

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