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Mrs. Iliana Corts obtains a bank loan for $52,000.00 with a term of 1 year and 33% interest, capitalized bimonthly. She decides to pay it
Mrs. Iliana Corts obtains a bank loan for $52,000.00 with a term of 1 year and 33% interest, capitalized bimonthly. She decides to pay it off early when 6.5 months had passed.
What is the amount you must pay?
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