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(CHAPTER 5) You've just borrowed $4,000 from a friend of yours. Your friend and you agreed that the borrowed amount of money would need to

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(CHAPTER 5) You've just borrowed $4,000 from a friend of yours. Your friend and you agreed that the borrowed amount of money would need to be returned in 21 years. The annual interest rate on the loan from your friend is 8.8%. Assuming you're still friends in 21 years, how much will you owe your friend?? (Do NOT use "s" in your answer. Round your answer to TWO decimal places, for example, 1,000.23)

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