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Olena loans her sister Irini $5,000. The loan is to be repaid at a nominal interest rate of 4.8% payable monthly. The monthly payments are
Olena loans her sister Irini $5,000. The loan is to be repaid at a nominal interest rate of 4.8% payable monthly. The monthly payments are to be for $100 except for a final smaller payment. How much does Irini owe Olena at the end of one year? (Round your answer to the nearest cent.) $
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