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A loan of $10,477 was repaid at the end of 11 months. What size repayment check (principal and interest) was written, if a 9.5% annual
A loan of $10,477 was repaid at the end of 11 months. What size repayment check (principal and interest) was written, if a 9.5% annual rate of interest was charged?
The amount of the repayment check was $_______ .
(Round to two decimal places.)
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