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Suppose you take out a loan for 180 days in the amount of $11,500 at 15% ordinary interest. After 40 days, you make a partial

Suppose you take out a loan for 180 days in the amount of $11,500 at 15% ordinary interest. After 40 days, you make a partial payment of $1,000. What is the final amount due on the loan? (Round to the nearest cent.)

$10,554.17

$11,315.35

$11,493.54

$11,543.85

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