Question: Nicholas is expected to settle a loan on January 25th, 2018 by paying $4,000. What amount should she pay if she decides to settle it

 Nicholas is expected to settle a loan on January 25th, 2018

Nicholas is expected to settle a loan on January 25th, 2018 by paying $4,000. What amount should she pay if she decides to settle it on May 25th, 2017 instead? The interest rate is 4.48% compounded semi-annually. Round to the nearest cent

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