Question: Isaac borrowed $ 4 , 1 0 0 at 1 1 . 6 % compounded quarterly 3 . 5 years ago. One year ago he

Isaac borrowed $4,100 at 11.6% compounded quarterly 3.5 years ago. One year ago he made a payment of $2,300. What amount will
extinguish the loan today? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Balance owed today
$3,817.85
0/5
points awarded
01:18:35
Isaac borrowed $4,100 at 11.6% compounded quarterly 3.5 years ago. One

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