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You borrow $5000 to help pay your college expenses. You agree to repay the loan at the end of 7 years at 12% interest, compounded

You borrow $5000 to help pay your college expenses. You agree to repay the loan at the end of 7 years at 12% interest, compounded quarterly. (Round your answers to two decimal places.)

(a) What is the maturity value of the loan? $ (b) How much interest are you paying on the loan? $

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