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How much would you pay

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Question - You owe your parents $600, $800 and $1200 in one year, three years and 6 years respectively. If you were to pay off your debt with your parents how much would you pay them in 2.5 years from now when they charge 7.5% compounded monthly.

A) $2365.54

B) $2872.45

C) $2436.89

D) $2577.25

E) $1962

Reference no: EM133062673

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