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6 Isaac borrowed $4,100 at 11.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $2,300. What amount will extinguish the

6

Isaac borrowed $4,100 at 11.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $2,300. What amount will extinguish the loan today? (Do not round intermediate calculations and round your final answer to 2 decimal places.) $ 3817.85 Balance owed today 5 points

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