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Vinny borrowed $29,000 for 10 years at 11.6 percent compounded quarterly. What will the ending balance be after Vinny has made three years of payments?

Vinny borrowed $29,000 for 10 years at 11.6 percent compounded quarterly. What will the ending balance be after Vinny has made three years of payments? $24,510,72 $23,448.34 $22,893,94 $23,987,13

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