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Posted on Jul 31, 2024

Zeynep borrows $ 3 4 5 0 at 1 2 . 5 % compounded quarterly on March 1 6 , 2 0 1 8 .

Zeynep borrows $

3450

12.5 %

compounded quarterly on March

16, 2018 .

How much must she repay on August

25, 2028 ?

Assume simple intrest is allowed for part of a conversion period.

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