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URGENT!! Marie initially borrowed $5,800 from TO Canada Trust at 3.76s compounded semannually After 2 years she repaid $1,972, then 7 years after the $5,800
URGENT!!
Marie initially borrowed $5,800 from TO Canada Trust at 3.76s compounded semannually After 2 years she repaid $1,972, then 7 years after the $5,800 was initially borrowed she repaid $2,030. If the pays off the debt 10 years after the $5,800 was initially borrowed, how much should her final payment be to clear the debt completely? Round all answers to two decimal places if necessary. Amount owed after 2 years (before the first payment) =$ positive value) Amount owed after the first payment of $1,972 (enter a positive value) S P/Y= cr= N= in = PV=$ PMT=$ FV=s Amount owed after 7 years (before the second payment) = $ positive value) Amount owed after the second payment of $2,030 (enter a positive value) s. PFY = PMT +5 Step by Step Solution
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