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need answer, thank you 2. Ashley wants to settle two outstanding loans of $1,300.00 due in 1 years and $5,300.00 due in 4 years, by
need answer, thank you
2. Ashley wants to settle two outstanding loans of $1,300.00 due in 1 years and $5,300.00 due in 4 years, by making one payment today. If the interest rate is 5.95% compounded semi-annually, how much would Ashley have to pay?
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