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John Roe, an employee of the Gap, loans $5,400 to another employee at the store. He will be repaid at the end of 7
John Roe, an employee of the Gap, loans $5,400 to another employee at the store. He will be repaid at the end of 7 years with interest at 12% compounded quarterly. How much will John be repaid? (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount to be repaid
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