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Maturity value $ [INPUT]

On April 5, 2010, Janeen Camoct took out an [IMG: formula21.mml] loan for $20,000. The loan is due March 9, 2011. Use ordinary interest to calculate the interest.

What total amount will Janeen pay on March 9, 2011? (Use [LINK: http://ezto.mhhmdemo.mcgraw-hill.com/servlet/TestPilot4/lazerwords/12683242333068000540.tp4/table7.1.jpg] table value.) *(Use 360 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the $” sign in your response.)*

Maturity value $ [INPUT]

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