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Ariana initially borrowed $3,300 from RBC Bank at 2.51% compounded semi-annually. After 4 years she repaid $1,485, then 7 years after the $3,300 was initially
Ariana initially borrowed $3,300 from RBC Bank at 2.51% compounded semi-annually. After 4 years she repaid $1,485, then 7 years after the $3,300 was initially borrowed she repaid $1,419. If she pays off the debt 9 years after the $3,300 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. P/Y = C/Y = N = I/Y = % PV = $ PMT = $ FV = $ Amount owed after 4 years = $ (enter a positive value) Amount owed after the first payment of $1,485 (enter a positive value): $ P/Y = CNY = N = I/Y = % PV = $ PMT = $ FV = $ Amount owed after 7 years = $ (enter a positive value) Amount owed after the second payment of $1,419 (enter a positive value): $ P/Y = CNY = N = I/Y = % PV = $ PMT = $ FV = $ Final payment (after 9 years); (enter a positive value) $
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