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Raman has a line of credit loan with the ICICI bank. The initial loan balance was $ 7 2 0 0 0 . 0 0
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $ Payments of and $ months and ten months respectively. At the end of one year, he borrowed an additional $ Seven months later was converted into a collateral mortgage loan. What was the amount of the mortgage if the line of credit interest was at compounded monthly?
a $
b $
c $
d $
e $
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