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A car loan has exactly 16 monthly payments of $404.62 remaining, with the next due 1 month from today. What is the remaining balance on

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A car loan has exactly 16 monthly payments of $404.62 remaining, with the next due 1 month from today. What is the remaining balance on this loan if based on 6% APR compounded monthly? Enter answer in dollars and cents, rounded to the nearest cent

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