Question: Sandra borrows $2950 at 12.75% compounded quarterly on March 16, 2018. How much must she repay on August 25, 2028? Assume simple interest is allowed

Sandra borrows $2950 at 12.75% compounded quarterly on March 16, 2018. How much must she repay on August 25, 2028? Assume simple interest is allowed for part of a conversion period.

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