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Q 1 1 : Accurate Accounting obtained a private loan of $ 2 5 , 0 0 0 for five years. No payments were required

Q11:
Accurate Accounting obtained a private loan of $25,000 for five years. No payments were required but the loan accrued interest at the rate of j12=9% for the first 2.5 years and then at j2=8.25% for the remainder of the term. What total amount was required to pay off the loan after 5 yeais?
\table[[N,],[1Y,],[PY,],[CY,],[PV,],[PMT,],[FV,]]
A. $37,458.99
B. $39,585.60
C. $38,288.36
D. $31,281.79
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