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What is the total repayment made, including principal and interest, on a loan of $1,100 at 3.5% interest compounded annually over four years? $1,240.00 $1,219.59

What is the total repayment made, including principal and interest, on a loan of $1,100 at 3.5% interest compounded annually over four years? $1,240.00 $1,219.59 $1,262.28 $1,254.00

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