2. Chris and Debbie borrow $10,000 at 15% compounded monthly. The loan is to be...
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Accounting
2. Chris and Debbie borrow $10,000 at 15% compounded monthly. The loan is to be paid off with 48 equal monthly payments. One month after making the thirteen payment, they decide to pay off the unpaid balance on the note. How much should be repaid? (30 points)
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