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Jacques hasjust been notified that the combined principal and interest on an amount he borrowed 60 months ago at 8.8% compounded weekly is now $1,990.00.
Jacques hasjust been notified that the combined principal and interest on an amount he borrowed 60 months ago at 8.8% compounded weekly is now $1,990.00. How much of this amount is principal and how much is interest? [Do not round intermediate calculations and round your final answers to 2 decimal places.) Principal portion $ Interest portion 35
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