Kevin borrowed $8000 at a rate of 9.5%, compounded quarterly. Assuming he makes no payments, how much will he owe after 6 years? Do not round any intermediate computations, and round your answer to the

Kevin borrowed $8000 at a rate of 9.5%, compounded quarterly. Assuming he makes no payments, how much will he owe after 6 years? Do not round any intermediate computations, and round your answer to the nearest cent.

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Kevin borrowed $8000 at a rate of 9.5%, compounded quarterly. Assuming he makes no payments, how much will he owe after 6 years? Do not round any intermediate computations, and …

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