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Jill borrows $15,000 from you today. She agrees to repay you in two equal amounts, the first to occur in 2 years from today and

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Jill borrows $15,000 from you today. She agrees to repay you in two equal amounts, the first to occur in 2 years from today and the other in 6 years from today. If the interest rate is 12.2% per annum compounding monthly, what will be the amount of each repayment? Select one: a. $31074 b. $11837 c. $19122 d. $18884

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