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A company amortizes a $65,000 loan, at 5.5% interest, with quarterly payments of $1344.74 for 20 years. What is the balance of the loan after
A company amortizes a $65,000 loan, at 5.5% interest, with quarterly payments of $1344.74 for 20 years. What is the balance of the loan after 15 years? (Round your final answer to two decimal places.)
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