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Elham has borrowed some money 10 years ago. She started repaying it from today with monthly payments of $100 at the beginning of every month
Elham has borrowed some money 10 years ago. She started repaying it from today with monthly payments of $100 at the beginning of every month for 40 months. How much has she borrowed 10 years ago if interest rate is 2.4% p.a. compounding quarterly?
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