Question: Zan borrows $ 3 4 5 0 At 1 2 . 5 % quarterly on March 1 6 , 2 0 1 8 . How

Zan borrows $3450 At 12.5% quarterly on March 16,2018. How much must he repay on August 25,2028? Assume simple interest owed is allowed for part of a conversion period.

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