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Isaac borrowed $3,100 at 10.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $1,300. What amount will extinguish the loan
Isaac borrowed $3,100 at 10.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $1,300. What amount will extinguish the loan today? (Do not round intermediate calculations and round your final answer to 2 decimal places.) 
Isaac borrowed $3,100 at 10.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $1,300. What amount will extinguish the loan today? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Balance owed today
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Payroll Accounting 2021
Authors: Bernard J. Bieg, Judith A. Toland
31st Edition
0357358287, 9780357358283
