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Hugh Curtin borrowed $38,000 on July 1, 2022. This amount plus accrued interest at 10%...

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Accounting

Hugh Curtin borrowed $38,000 on July 1, 2022. This amount plus accrued interest at 10% compounded annually is to be repaid on July 1, 2027.
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Current Attempt in Progress x Your answer is incorrect. Hugh Curtin borrowed $38,000 on July 1, 2022. This amount plus accrued interest at 10% compounded annually is to be repaid on July 1, 2027 Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) How much will Hugh have to repay on July 1, 2027? (Round answer to 2 decimal places, eg, 25.25.) $ 308687.84 Amount to be repaid on July 1, 2027

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