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Raymond loaned $58,000 to a small business at 2.86% compounded quarterly for 1 year and 9 months. How much would the business have to repay

Raymond loaned $58,000 to a small business at 2.86% compounded quarterly for 1 year and 9 months. How much would the business have to repay her at the end of the period?

Round to the nearest cent

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