Question: Isaac borrowed $ 3 0 0 0 at 1 0 . 5 % compounded quarterly 3 . 5 years ago. One year ago he made

Isaac borrowed $3000 at 10.5% compounded quarterly 3.5 years ago. One year ago he made a payment of $1200. What amount will extinguish the loan today? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Balance owed today $

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