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A person borrows $5850.00 with interest at 13.5% compounded quarterly for 4 years 7 months. If simple interest is used for part of an interest
A person borrows $5850.00 with interest at 13.5% compounded quarterly for 4 years 7 months. If simple interest is used for part of an interest conversion period, how much is required to pay off the debt at the end of 4 years 7 months?
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