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4. An amount of $23,000 is borrowed for 5 years at 6.75% interest, compounded annually. If the loan is paid back in full at the

4. An amount of $23,000 is borrowed for 5 years at 6.75% interest, compounded annually. If the loan is paid back in full at the end of that period, how much must be paid back? Round your answer to the nearest dollar

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