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Andres Michael bought a new boat. He took out a loan for $24,240 at 2.5% interest for 4 years. He made a $4,690 partial payment
Andres Michael bought a new boat. He took out a loan for $24,240 at 2.5% interest for 4 years. He made a $4,690 partial payment at 4 months and another partial payment of $3,440 at 8 months. How much is due at maturity?
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