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Suppose that$ 2000 is loaned at a rate of17.5 % compounded semiannually. Assuming that no payments are made, find the amount owed after4years. Do not

Suppose that$2000is loaned at a rate of17.5%compounded semiannually. Assuming that no payments are made, find the amount owed after4years.

Do not round any intermediate computations, and round your answer to the nearest cent.

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