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Andres Michael bought a new boat. He took out a loan for $24,320 at 4.5% interest for 2 years. He made a $4,110 partial payment
Andres Michael bought a new boat. He took out a loan for $24,320 at 4.5% interest for 2 years. He made a $4,110 partial payment at 2 months and another partial payment of $3,410 at 6 months. How much is due at maturity? Note: Do not round intermediate calculations. Round your answer to the nearest cent
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Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
111919167X, 9781119191674
