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Logan had seamless rain gutters installed around her home at a cost of $1500. She financed the total amount for 18 months at an annual

Logan had seamless rain gutters installed around her home at a cost of $1500. She financed the total amount for 18 months at an annual interest rate of 4.5% compounded monthly. After making 12 payments, Logan decided to repay the loan in full. What is Logan’s payoff (in dollars)? (Round your answer to the nearest cent.)

 

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