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How much will andy have to repay on july

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Point 1: Andy Finley borrowed $39,900 on July 1, 2015. This amount plus accrued interest at 8% compounded annually is to be repaid on July 1, 2020.

Question 1: How much will Andy have to repay on July 1, 2020? (Round answer to 2 decimal places, e.g. 25.25.)

Reference no: EM132488139

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