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Jill borrows $19,000 from you today. She agrees to repay you in two equal amounts, the first to occur in 4 years from today and
Jill borrows $19,000 from you today. She agrees to repay you in two equal amounts, the first to occur in 4 years from today and the other in 6 years from today. If the interest rate is 7.3% per annum compounding monthly, what will be the amount of each repayment? Select one: a. $25421 O b. $13634 O c. $25186 O d. $29404
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