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Wing Sze takes out a bank loan for $10,750.00 maturing in 7 years. The interest rate on the loan is 2.000% compounded semi-annually and she

Wing Sze takes out a bank loan for $10,750.00 maturing in 7 years. The interest rate on the loan is 2.000% compounded semi-annually and she will repay the loan by making level bi-weekly payments. If she defaults just after making payment number 4, how much money does the bank lose?

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