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You borrow an amount at a rate of 1 2 % , monthly compounded. You must repay the loan by making 2 0 0 regular
You borrow an amount at a rate of monthly compounded. You must repay the loan by making regular monthly payments of $ plus an irregular payment of $ If the first of the monthly payments is made exactly months from now, and the irregular payment of $ is made at the same time as the first monthly payment, what would be the borrowed amount?
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$
$
$
$
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