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Liam signs a $ 1 5 , 2 8 5 , 9 % note on January 1 5 . He makes a payment of $

Liam signs a $

15, 285, 9 %

note on January

15 .

He makes a payment of $

7, 127

on February

15 .

Use the Actuarial Method to apply the payment to Liam's loan and find his payoff amount on March

15 . (

Give your answer to the nearest cent.

)

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