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Automotive Excellence Inc. borrowed $17,000.00 on March 4 with an interest rate of 9.2% per annum. On June 1, $5900.00 was repaid, and on August
Automotive Excellence Inc. borrowed $17,000.00 on March 4 with an interest rate of 9.2% per annum. On June 1, $5900.00 was repaid, and on August 16, $6100.00 was repaid. Automotive Excellence paid the balance of the loan on October 3. What was the final payment?
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