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Steve Perry borrowed $70,000 at 12% ordinary interest for 60 days. On day 20 of the loan, Steve made a partial payment of $7,000. What

Steve Perry borrowed $70,000 at 12% ordinary interest for 60 days. On day 20 of the loan, Steve made a partial payment of $7,000. What is the new maturity value (in $) of the loan? (Round your answer to two decimal places.)

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