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Suppose you borrowed a certain amount of money 4 0 7 weeks ago at an annual interest rate of 3 . 8 % with semiannual

Suppose you borrowed a certain amount of money

407

weeks ago at an annual interest rate of

3.8 %

with semiannual compounding

(2

times per year

) .

If you returned $

11, 350

today, how much did you borrow?

Round your answer to the nearest dollar.

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