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Jimmy owes $3500 at the end of 5 years and $8750 at the end of 9 years. At the end of 4 years, Jimmy comes

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Jimmy owes $3500 at the end of 5 years and $8750 at the end of 9 years. At the end of 4 years, Jimmy comes into some money. By mutual agreement with the lender, Jimmy is allowed to pay off both notes at the end of 4 years using 10.5% interest compounded quarterly in the settlement. How much is required to settle the debt at the end of 4 years

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