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Andres Michael bought a new boat. He took out a loan for $24,240 at 2.5% interest for 4 years. He...

Andres Michael bought a new boat. He took out a loan for $24,240 at 2.5% interest for 4 years. He made a $4,690 partial payment at 4 months and another partial payment of $3,440 at 8 months. How much is due at maturity? (Do not round intermediate calculations. Round your answers to the nearest cent.)

Maturity value

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