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Q7 Submit quiz point(s) possible Compute the size of the final payment for the following loan. Periodic Payment Payment Conversion Principal Payment Interval Made At:

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Submit quiz point(s) possible Compute the size of the final payment for the following loan. Periodic Payment Payment Conversion Principal Payment Interval Made At: Interest Rate Period $20,000 $1,903 1 month end 12% monthly The size of the final payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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