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8 DETAILS If $4000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due at the end of the

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8 DETAILS If $4000 is borrowed at a rate of 6.75% interest per year, compounded quarterly, find the amount due at the end of the given number of years. ( Round your answers to the nearest cent.) (a) 5 years [b 7 years 5 (c) 9 years

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