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A 15-year loan requires monthly payments of $587.33 including interest at 7.4% compounded monthly. What is the balance on the loan after half of the

A 15-year loan requires monthly payments of $587.33 including interest at 7.4% compounded monthly. What is the balance on the loan after half of the payments have been made? Select one: O a. 48217.45 b. 48966.24 O., 40473.25 O d. 49545.22 O e. None of them

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