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Ken borrowed $3500.00 at 10.4% compounded monthly, and repaid $1,000.00 after two years and $750.00 after four years. How much does Ken owe at the

Ken borrowed $3500.00 at 10.4% compounded monthly, and repaid $1,000.00 after two years and $750.00 after four years. How much does Ken owe at the end of five years? (i.e. one year after the second payment) _____________

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