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Marcia Juarez and her brother-in-law have a successful business with several employees. They decide to borrow $15,000 to pay their next quarterly deposits for payroll

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Marcia Juarez and her brother-in-law have a successful business with several employees. They decide to borrow $15,000 to pay their next quarterly deposits for payroll taxes and federal income tax. They get the money at 15% compounded monthly and repay all interest and principal after 9 months. How much do they repay? Round your answer to the nearest cent. Use Table 16-1 to find FVE $

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